The answer is that early on the English were looking for a "Northwest Passage". This would be a shorter trade route to East Asia. For a long time it was believed that there was a large body of water in North America that would lead to the Orient. The English were interested in the raw materials that they could find in North America, including the islands of the Caribbean.
This affects multinational companies when it comes to trade, the demand is evidently rising. Business owners utilizes their resources for rapid growth. However, the risk of arbitration greatly arises for there are different laws on each countries and it results to conflict when filing dispute.
Under federalism, It would be both state and federal government that has concurrent powers. These are powers in nations with a federal system of government that are shared by both the federal government and each constituent political unit. Hope this answers the question.
The event or incident that triggered long standing tensions in Europe and was the immediate cause of ww1 was the assasination of archduke Ferdinard and his wife sophie, in sarajavo by a Bosnian student.
