Discuss the role of the wto, Business Management

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QUESTION 1

The World Trade Organization (WTO) deals with the rules of trade between nations at a global or near-global level. Discuss the role of the WTO in promoting international trade among Member States

QUESTION 2

Letters of credit is a significant financial instrument in International business. The beneficiary of a letter of credit is entitled to payment as long as he can provide the documentary evidence required by the letter of credit as it is a distinct and separate transaction from the business contract on which it is based. Discuss?


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