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QUESTION TWO [15 Marks] (a). Using Examples, give five criticisms labeled at both the general agreement on tariff and trade (GATT) and world trade organization

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QUESTION TWO [15 Marks] (a). Using Examples, give five criticisms labeled at both the general agreement on tariff and trade (GATT) and world trade organization (WTO) by developing countries [7 Marks] (b). Explain briefly (and try to provide examples) why you think Heckscher Ohlin (H-O) model would work better in Kenyan cross border transactions compared to Ricardian comparative advantage model. [8 Marks]

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