Free trade agreements and the Generalized System of Preferences are both: O Examples of MFN treatment O Exceptions to MFN treatment O Exceptions to tariffication O Exceptions to nullification and impairment O Examples of NTR treatmentYou have a patent, but no production facility and limited capital. You nd a company that operates production facility in another country that is willing to make and sell products based on your patent. You would like to establish an ongoing revenue stream from the patent. Which of the following would be a good way to proceed? Trade in services through sale of the patent to the production facility Licensing agreement with the production facility Investment in the foreign production facility Export of the patent The exporter pays tariffs. O True O False