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a) What are the central issue facing the WTO at the present time? B) Discuss the applicability of four basic business strategies to compete in

a) What are the central issue facing the WTO at the present time?

B) Discuss the applicability of four basic business strategies to compete in the international trade.

c) Discuss the impact of ‘product factors’ (i.e. ‘value-to-weight’ and ‘product serves universal needs’) on the decision of where to produce (i.e. single or multiple locations).

d) What type of firm is most likely to engage in countertrade? Why?

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