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1.What are the basic provisions of the General Agreement on Tariffs and Trade (GATT)? Give three examples of how it benefits U.S. industries.

2.Explain how the concepts of global consistency and local adaptation are relevant to success of a global business. Give one example of a good or service that would be likely to succeed with the use of global consistency. Give one example of a good or service that would be likely to succeed with the use of local adaptation.

 

 

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