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Profit repatriation
Profit repatriation is the transfer of earnings made by a foreign subsidiary back to the transnational corporation's home country.
Example
A factory may create jobs in the host country while part of its profit is sent to the parent company abroad.
Sovereignty
Sovereignty is a state's authority to make and enforce decisions within its territory without being controlled by an outside power.
Example
A government loses some practical control when a transnational company can shift taxable profit to another jurisdiction.