Answer one of the following questions and provide your answer in no more than 1500 words. This coursework should be written in an essay format.

1. Which theory do you think offers a better explanation of manufacturing FDI from developed country firms to developing countries: Dunning's OLI paradigm or Vernon's Product Life Cycle theory? Explain your answer fully.

2. Countries that intervene in trade have cited political arguments for their actions. To what extent are these arguments Justifiable? Discuss with reference to examples and rationales of these arguments.

Word limit: 1500 words (excluding references and appendices)