How might a business increase its profitability? How might a business increase its profitability? They could develop new products or expand there availability or increase productivity increase efficiency even reducing costs. Learn More : Share this Share on FacebookTweet on TwitterPlus on Google+ Learn More Multiple Choice Question :Which policy instruments are used by governments to influence international trade flows?What is the development of the world trading system like and the current trade issue?Why do governments sometimes intervene in international trade?What are the arguments against strategic trade policy? What would happen then if we let government intervene to support domestic firms in order to help them gain first-mover advantages?What are the implications for managers of developments in the world trading system? Why should a manager of an international firm care about the political economy of free trade or about the relative merits of arguments for free trade and protectionism?What are cultural exclusives?