The first chapter assesses the relative importance of WTO accession in general and that of its three major components, that is, TRIMS, TRIPS and liberalisation in particular in increasing a developing country’s attractiveness for overseas investors. Using annual data for a panel of 90 developing countries over the years 1980-2007, I found that trade and investment liberalization, removal of market distortions through TRIMS, strengthening and worldwide harmonisation of IPR standards through TRIPS adds to a developing country’s ability to host additional FDI.