Business Finance Homework Help

Can you help me understand this Business question?

1. Identify the advantages and disadvantages of adopting an industrial policy.
2. Illustrate the major tools countries use to restrict trade.
3. Demonstrate the techniques countries use to promote international trade.
4. Illustrate how countries protect themselves against unfair trade practices.
5. What is international strategic management?
6. What does “most favored nation (MFN)” mean?
7. How does the WTO differ from GATT?
8. How do international strategy formulation and international strategy implementation differ?