How does the notion of sustainable business compare to Milton Friedman's assertion that the focus of business should be only on the bottom line? Using examples, discuss and illustrate the arguments supporting and opposing globalization of trade and investment. The five principles of the WTO (trade without discrimination, freer trade, predictability, fair competition, and encouraging development and economic reform), if followed, would provide developing nations a boost in their development. Agree or disagree? Explain the purpose of a mission statement, a vision statement, values statements, and objectives Using examples, discuss and illustrate the keystone of international trade, the theory of comparative advantage.
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