What extent does government intervene in trade


Assignment:

Respond to the following questions regarding your focus country Singapore:

1) To what extent does its government intervene in trade? What are its political, economic, or cultural motives for intervention?

2) What methods, if any, does the government use to: (a) promote exports, and (b) restrict imports?

3) Visit World Trade Organization Trade Profiles site. Select your country Singapore from the list of available trade profiles. Has the country filed a dispute with the WTO against another member nation, or has it been reported for unfair trade practices? Visit World Trade Organization Disputes by Country page for details on the trade disputes in which your country may have been involved. Were the WTO findings surprising? Why or why not?

4) Does the World Trade Organization play an important role in promoting free trade? How has its role influenced trade in your country?

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