Question: 1) What advantages does a decentralized financial organization structure bring to a multinational firm? 2) Why do countries have different accounting standards? 3) Define WTO.

1) What advantages does a decentralized financial organization structure bring to a multinational firm?

2) Why do countries have different accounting standards?

3) Define WTO. In what ways do you think the WTO is still essential to global trade? Discuss how a private-sector firm would use the WTO to protect its business interests.

4) What are the challenges of transfer pricing?

Please answer each question with 2 paragraphs each.

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