Question

In: Economics

Consider the details of Articles XXXVI – XXXVIII of the GENERAL AGREEMENT ON TARIFFS AND TRADE...

Consider the details of Articles XXXVI – XXXVIII of the GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT 1947) provisions regarding developing countries, and identify the specifically important features of benefit to developing countries.

The articles can be found on google

please cite APA

Solutions

Expert Solution

10

Benifits of GATT to developning countries

1. It will lead to increase in heigher employment rate.

2. It will reduce to help child labour

3. Definitly develpoing countries would be able to access new markets.

4. It will lead to higher level of investment in develpoing countries.

5. It will help to increase lige expectancies as standard of living of developing countries will improve.

6. It will help to boost up economics growth of develpoing countries

Rahul Sunny answered 8 months ago
Next > < Previous

Related Solutions

Compare the General Agreement of Tariffs and Trade vs. The World Trade Organization in terms of...
Compare the General Agreement of Tariffs and Trade vs. The World Trade Organization in terms of their set-up, membership and functions. What challenges each been confronted with since its set-up and what recommendations would you suggest to remedy those challenges.
Discuss the importance of the General Agreement on Tariffs and Trade , World Tourism Organization and...
Discuss the importance of the General Agreement on Tariffs and Trade , World Tourism Organization and measures such as the North American Free Trade Agreement in making sure that trade is fair in the international environment. Also discuss the impact of such agreements in the Tourism sector in St.VIncent and the Grenadines.
Discuss the importance of the General Agreement on Tariffs and Trade , World Tourism Organization and...
Discuss the importance of the General Agreement on Tariffs and Trade , World Tourism Organization and measures such as the North American Free Trade Agreement in making sure that trade is fair in the international environment. Also discuss the impact of such agreements in the Tourism sector
The General Agreement on Tariffs and Trade (GATT) was created in 1947. The main goal of...
The General Agreement on Tariffs and Trade (GATT) was created in 1947. The main goal of GATT is to liberalise world trade on a multilateral basis. Explain in detail the mechanism that GATT members established in order to achieve this goal.
Explain how international institutions such as World Trade Organization (WTO), General Agreement on Tariffs and Trade...
Explain how international institutions such as World Trade Organization (WTO), General Agreement on Tariffs and Trade (GATT), World Bank and IMF provide public goods. Discuss the contributions of these international institutions to the world economy as well as the criticisms against their services and policies.
I am stuck on these two: The General Agreement on Tariffs and Trade (GATT) Group of...
I am stuck on these two: The General Agreement on Tariffs and Trade (GATT) Group of answer choices Encourages trade restrictions. Committed GATT members to a reduction of protectionism. Established the European Common Market. Has now eliminated all nontariff barriers to trade. Assume the United States and Australia have the same amount of resources. In a given time period, the United States can produce 2 tons of beef or 200,000 cars. Australia can produce 1 ton of beef or 100,000...
What is the relevance of IMF, World bank and General agreement on Tariffs and Trade (GATT)...
What is the relevance of IMF, World bank and General agreement on Tariffs and Trade (GATT) to the global economy?
Discuss the role of the General Agreement on Tariffs and Trade (GATT) in international business? ((((((((1000...
Discuss the role of the General Agreement on Tariffs and Trade (GATT) in international business? ((((((((1000 Words))))))
The ______ was a multilateral agreement whose objective was to liberalize trade by eliminating tariffs, subsidies,...
The ______ was a multilateral agreement whose objective was to liberalize trade by eliminating tariffs, subsidies, import quotas, and the like. Multinational Agreement on Globalization United Nations Charter on Free Trade World Agreement on Trade and Free Commerce General Agreement on Tariffs and Trade Smoot-Hawley-Byrd Act The World Trade Organization was created by the ______ of the GATT negotiations: Cyprus Round Canadian Round Norway Round Uruguay Round Clinton Round The most widely subsidized industry in the world is: automobiles agriculture...
Discuss the General Agreement on Trade in Services (GATS) in terms of the framework agreement, the...
Discuss the General Agreement on Trade in Services (GATS) in terms of the framework agreement, the GATS Annexes and the GATS Schedules of Specific Commitments and consider whether “Progressive Liberalisation” is a realistic long-term objective for GATS. (7 marks. Word limit Maximum 450 words) I am from Australian institute so that please provide the answer in accordance
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT