ABSTRACT
For generations, American foreign policy architects have acted on the premise that freedom in America is not likely to survive as an isolated phenomenon on this globe. Hundreds of thousands of Americans are employed all around the globe by multinational companies (MNCs). They are responsive to consumers, as the businessman noted. They are technology-oriented. They are efficiency-oriented and production-oriented. And, they are also profit-oriented. The US has acted on the idea that actively encouraging liberalization in the USSR is in America's best interests. In March 1973, Senator Henry Jackson introduced an amendment to the trade bill that provided that the United States would deny "Most Favored Nation" (MFN) status to any "non-market" country that did not allow free emigration. The tax code allows a MNC to forgo bringing back overseas profits to the United States, and to forgo paying US taxes on that money until that profit is brought home. This encourages MNCs to re-invest foreign profits in foreign lands.
