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Why is international trade important to a nation? How did the GATT lead to the creation of the WTO? Provide examples of multilateral versus bilateral

  1. Why is international trade important to a nation?
  2. How did the GATT lead to the creation of the WTO?
  3. Provide examples of multilateral versus bilateral trade agreements.
  4. What is the current status of the Doha Round of multilateral trade negotiations? Is the agreement moving forward?
  5. How do consumer preferences for different products affect a country's trade position?
  6. What are the different roles of the WTO, the IMF, and the World Bank?
  7. Should countries restrict foreign direct investment in their domestic industries?

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