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The purchase of Green Point will allow Jabil, based in St . Petersburg Fla., to reduce expenses by moving operations to countries with lower labor costs.
But while Mr. Obama and the German government press ahead, analysts and officials cautioned that a globally coordinated approach would be preferable to deter banks from shifting operations to countries without the tax, potentially offsetting its effectiveness.
Although doing so would reduce the potential for spills in the United States, it would effectively send offshore drilling operations to countries with far weaker environmental standards and require shipping more oil, increasing the likelihood of spills globally.
Malaysia should give up its labor-intensive operations to countries with lower wages, like China, he said, and concentrate on more highly skilled work like research and development, financial and health care services.
But union leaders assert that unless the treaty establishing the free trade area includes strong labor protections, it will encourage companies to move operations to countries with the worst wages and working conditions, thus undermining efforts to upgrade living standards.
It has been criticized for its weak labor, consumer and environmental protections, which encourage companies to move jobs and operations to countries with lower regulatory standards.
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Activity in 2000 has undergone a period of adjustment due to the introduction of new financial accounting systems and the decentralization of project operations to country offices and technical units, with consequent structural and procedural changes.
Some companies are moving operations to other countries instead, and others are keeping business back home.
Mr. Yamamoto predicted that car manufacturers and their suppliers would seek to diversify their operations to other countries.
Opponents argue that the measure would reward companies for having moved valuable parts of their operations to other countries.
On Oct. 12, Kraft announced plans to close three Nabisco plants in Latin America and lay off 500 workers as it moves operations to other countries.
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