Question6: In order to promote freer trade, World Trade Orgainisation member countries have intensified negotiations as a means of promoting enterprises to trade internationally.

Question 6                                                                                                      (7 Marks)

1. In order to promote freer trade, World Trade Orgainisation member countries have intensified negotiations as a means of promoting enterprises to trade internationally. Examine the benefits of trade negotiation to a firm such as Coca Cola.                      3 marks
2. The rise of Japan provides the best experience to explain the economic growth of countries through infant protection. In order to follow the Japanese experience, many developing countries have adopted import tariffs as a tool for protectionism. Use the figure below to examine the effects of protectionism on non-alcoholic bevarages for a nation such as Mexico. 4 marks