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Effects of THAAD Plan on Businesses

   

Added on  2019-09-30

6 Pages753 Words145 Views
THE THAAD PLANEffects on businesses

1Table of ContentsINTRODUCTION.......................................................................................................................................2THE THAAD PLAN...................................................................................................................................2EFFECTS OF THAAD PLAN ON BUSINESSES.....................................................................................2U.S. SETTING UP OF THE TERMINAL HIGH ALTITUDE AREA DEFENSE SYSTEM IN SOUTH KOREA.......................................................................................................................................................2ECONOMIC ISSUES..............................................................................................................................3POLITICAL ISSUES..............................................................................................................................3NORTH KOREA INVESTING IN NUCLEAR WEAPONS......................................................................4CONCLUSION...........................................................................................................................................4References...................................................................................................................................................5

2INTRODUCTIONIn this paper we are going to study various current political, legal, economical, and technical contemporary issues that are found in management and in business. We have been plagued by uncertainty until we began considering the situation going on in the Asian-Pacific. THE THAAD PLANAs most of us may already know, President Donald Trump has been granted permission to store tactical defense missiles in South Korea to protect the United States from the irrational actions ofthe North Korean Providence. The plan is called Thaad and it has enraged some South Korean citizens.EFFECTS OF THAAD PLAN ON BUSINESSESOne country that is extremely opposed to the idea is China, and they have issued an economic boycott on South Korean businesses. During the deployment of Thaad, China heavily advised against the decision, saying it would punish businesses associated with South Korea to make its point clear. Despite the threats, the decision to withdrawal the tactical missiles were rejected and China went after some prominent businesses in its region.U.S. SETTING UP OF THE TERMINAL HIGH ALTITUDE AREA DEFENSE SYSTEM IN SOUTH KOREAThe U.S. setting up of the Terminal High Altitude Area Defense system in South Korea has indeed angered China and it has embarked on an economic war against them. Chinese citizens have begun boycotting South Korean businesses, opposed tourism and even denied entry to a

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