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What is meant by the term sovereignty? Why is it significant in international law? Define the most-favored-nation rule and describe two exceptions to the rule

  1. What is meant by the term sovereignty? Why is it significant in international law?
  2. Define the most-favored-nation rule and describe two exceptions to the rule that are allowed by the GATT.
  3. What are the two main side agreements established under NAFTA? Describe their impact on trade between Canada, United States and Mexico.
  4. What is Brexit? What are some of the reasons behind Brexit?

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