Internaltional Business

Intro to International Business: BUA 240_46

Final Exam

The exam is worth 125 points. Please fully explain and justify your responses via thoughtful analysis and interpretation of the course materials. Citations from the textbook, cases or any supplemental materials are not necessary. There is no limit on the number of pages allowed for each question. Please ensure your name is on your submission and upload to the appropriate dropbox. Due date is June 28 by 11:59 p.m.

1. This question is worth 50 points. Case references: “World Trade Organization” and “Environment and International Trade”

The WTO, via provisions initially incorporated into the GATT (General Agreement on Tariffs and Trade), provides signatory countries the ability to restrict trade on the grounds of conservation of natural resources or human, animal or plant health. The case “Environment and International Trade” provides several instances in which countries tried to restrict trade based upon those grounds with varying success.

The WTO also allows for regional as well as multilateral trade agreements, reviews trade agreement provisions to ensure those agreements meet rules established by WTO member countries, and, provides dispute settlement mechanisms to address cases arising from trade issues amongst member countries.

Today there is a heightened global environmental consciousness. Reflecting upon the Tuna-Dolphin case, what arguments would you employ to justify the initial U.S. actions in restricting trade in efforts to convince the WTO Dispute Settlement Body to rule in favor of the U.S. restriction? Address this question within the context of issues presented in Chapters 4 through 7. Please explain your answers fully.

2. This question is worth 75 points. Case references: “Making China Beautiful: Shiseido and the China Market” and “Successful Multinationals in China”

Shiseido expanded into the international market during the 1960s and 1970s. Corporate management did...