5. the thaad plan.

Added on - 30 Sep 2019

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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 SOUTHKOREA.......................................................................................................................................................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 technicalcontemporary issues that are found in management and in business. We have been plagued byuncertainty 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 storetactical 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 Koreancitizens.EFFECTS OF THAAD PLAN ON BUSINESSESOne country that is extremely opposed to the idea is China, and they have issued an economicboycott on South Korean businesses. During the deployment of Thaad, China heavily advisedagainst the decision, saying it would punish businesses associated with South Korea to make itspoint clear. Despite the threats, the decision to withdrawal the tactical missiles were rejected andChina went after some prominent businesses in its region.U.S. SETTING UP OF THE TERMINAL HIGH ALTITUDE AREADEFENSE SYSTEM IN SOUTH KOREAThe U.S. setting up of the Terminal High Altitude Area Defense system in South Korea hasindeed angered China and it has embarked on an economic war against them. Chinese citizenshave begun boycotting South Korean businesses, opposed tourism and even denied entry to a
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