Sam is the leader of a small, impoverished nation situated near a large, wealthy nation and three other island nations with strong, but developing economies. Sam thinks trade will strengthen the economy of his own nation. a) Advise Sam on the process of treaty creation (4) b) To accede to the WTO, Sam informs his government that they must adopt a bundle of agreements. What process and agreements is Sam referring to? (6) c) As Sam's nation becomes a WTO member, Sam has the option of pursuing ONE of the following: i. bilateral trade agreement with the large wealthy nation; ii. free trade agreement with the 3 strong but developing island nations; or iii. multilateral agreement with the large wealthy nation and one of the strong but developing island nations. Which agreement is in Sam's nation's best interests and why? (3) Explain why each of the other two agreements are not a good idea for Sam's nation. (4) d) Other than the WTO, identify two additional significant international organizations for Sam's nation to become a member of and explain how each would be a helpful resource to the nation at this time. (4) e) Encouraged by the new WTO membership, an entrepreneur from Sam's country starts exporting hand woven blankets to his Canadian cousin's company. There is no trade agreement between Sam's country and Canada. i. Explain the process, rule and legislation the CBSA officer will use to determine the tariff on the woven blankets. (4) ii. The unique blanket fibers are popular because there is nothing identical, or even similar, on the Canadian market. Explain how the CBSA officer will determine the taxes. Include which legislation will be consulted