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Alok Singh
Ambesh Kumar Srivastava
Why International Trade?
Liberalization in International economics had made international trade
more complicated. In the 90’s there had seen enormous change in the market
structure. Previously to became competitive in the international market
companies have to get competitive in their national market. But now the whole
scenario had changed.
v Crude
v Establishment of W.T.O
v Emergence of Multi-Nationals
v Removal of Quantity restrictions
v Boom in Information Technology
These were some major changes that come into the global trade
environment.
What is W.T.O
In common understanding
“World Trade Organization (WTO) is a body which deals with
the rules of trade between nations at a global or near-global level”. But it
is beyond it
IS IT A TABLE?
“What do you expect the table to do? People sit round the table
and negotiate”. And this is the main agenda of W.T.O.
v Security of access
v Stability of access
v Stability of investment
v Wider choice
v Profits to landlocked countries
v Right of compensation
Company
LOGO
Thank you
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