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1. Dr. Ngozi the Director-General of the WTO is leading the organization at a challenging time given wars, climate change, pandemics, etc. List three priorities
1. Dr. Ngozi the Director-General of the WTO is leading the organization at a challenging time given wars, climate change, pandemics, etc. List three priorities she should focus on to encourage the WTO's 166 member countries to cooperate to promote more equitable trade that benefits humanity and the planet. 2. Countries like the US can impose trade barriers such as higher tariffs, import and labeling restrictions to protect their domestic industries, as seen in the US-Vietnam catfish dispute. How can the US and others balance their objectives of promoting free trade while ensuring the survival of their domestic industries and workers. Explain with examples. 3. Choose a multinational company like Apple, Nike, Starbucks, Zara, etc. and suggest a particular global strategy, for example how they should source their products, build factories abroad, enter into exchange rate agreements or other approaches to succeed internationally. Should they take advantage of trade agreements like the USMCA (previously NAFTA) or other agreements which could lower their costs and risk? Explain with examples
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