A. Choose or select only one (1) country in which the information is available in relation to the given questions below. b. The United States has free trade agreements in force with 20 countries. For the Free Trade Agreements, you can use the link: https://ustr.gov/trade-agreements/free-trade- agreements. Australia Costa Rica Israel Nicaragua Bahrain Dominican Republic Jordan Oman Canada El Salvador Korea Panama Chile Guatemala Mexico Peru Colombia Honduras Morocco Singapore 1. Describe the implication of tariffs in international trading used by your chosen country. 2. Discuss the concepts of ad valorem in relation to the said country. 3. Explain the concepts of international strategy employed the country you have chosen 4. Discuss the importance of licensing in the country you have chosen. 5. Explain the disadvantages of joint venture as you the information from the chosen country. PART II. ESSAY. 1. How you the administrative trade policies considering that the government of the country you have chosen is under the bureaucratic rules that designed to make difficult for importing of goods? 2. Dumping refers to selling goods in a foreign market below their costs of production, or selling goods in a foreign market below their "fair" market value. In other, imported products are selling in the market lower price than the local products. to protect the local businesses of your chosen country, you have to develop a policy which is known as anti-dumping policy. 3. As provided in the business news that franchising gives an overseas expansion with a minimum investment and profits tied to their efforts. How you advantages of franchising in the chosen country? 4. How you develop an expansion of business such as joint venture in the company you have chosen?