Answer the questions below:1. Research the following case and present it:
a. European CommunitiesRegime for the Importation, Sale & Distribution of Bananas WT/DS27/AB/R; September 9, 19972. Why has the WTO come under increased criticism over the last decade?
3. What is most favoured nation trade status? What is unconditional MFN
4. How are disputes about trade resolved under GATT?
5. What is tariffication?
6. Why might a government award a country better status than MFN? Is this justifiable?
7. What might be a reason/aim for imposing a tariff or non tariff barrier on a certain good? Explain how this would meet the aim you have identified.