Explain the classic conflict between the needs of MNCs and host countries.How can this gulf be bridged?What are some of the characteristics necessary in top management to successfully run an MNCs international operations?In your opinion, have NAFTA, the EU, GATT and the WTO, and other efforts at reducing trade barriers worked?What do you see for the future, especially in light of globalization and the fact that such disharmony exists in how each country regulates its businesses?