TelComm Corporation is a manufacturer of components for the cell phone industry. TelComm’s founder, Mr. Alex Bell, is interested in exporting the firm’s products to China. He heard that China has the world’s largest population of cell phone users and wants to enter the market. But TelComm has little international experience. Mr. Bell is unaware of the various types of nontariff trade barriers that Tel- Comm might face in China and other foreign markets. Please summarize major nontariff trade barriers to Mr. Bell. What types of investment barriers might TelComm face in the event management decides to establish a factory in China to manufacture cell phone components? What can TelComm management do to minimize the threat of these nontariff trade and investment barriers?