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What is meant by the term free trade

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Question 1. Discuss some steps an international business and its managers can take to make sure ethical issues are considered in business decisions.

Question 2. What is meant by the term free trade? Is free trade compatible with the concept of mercantilism?

Question 3. Explain why there was greater pressure under GATT for protectionism around the world during the 1980s and 1990s.

Question 4. Despite its advantages, FDI has been described as an "expensive" and "risky" international growth strategy. Other things being equal, why is FDI expensive and risky when compared to licensing and exporting?

Reference no: EM132577787

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