Describe the role of GATT and the WTO in reducing barriers to
trade and investment worldwide, and explain how this reduction has
led to the integration and interdependence of national
economies.
What is the GATT? What is the WTO? How does the WTO operate?
What are its functions? What role has the WTO played relative to
global economic integrations?
1 (a) The Government has played a very important role
in improving the economic condition of country
(b) The Governement has been a failure to maintain the economic
condition of the coutnry
answer the question as soon as possible
what is the importance of GATT, WTO and arrangements such as the
NAFTA in ensuring trade is fair in the international
environment?
Discuss the impact of such agreements in a chosen sector in your
country. The sector chosen must be clearly identified.
Comment on the importance of GATT, WTO and arrangements such as
the NAFTA in ensuring trade is fair in the international
environment. Discuss the impact of such agreements on the
agricultural sector in a Caribbean country.
Minimum 700 words Comment on the importance of GATT, WTO and
arrangements such as the NAFTA in ensuring trade is fair in the
international environment. Discuss the impact of such agreements in
a chosen sector in Jamaica. The sector chosen must be clearly
identified.
1. a) Compare and contrast the GATT and WTO.
b) Explain the rationale for trade in your own words.
c). List the theories of international trade. (1 mark)
d) In your words, carefully distinguish among, three (3) of the
theories of international trade: absolute advantage, (ii)
comparative advantage, (iii) competitive advantage.
a. economic union
f. GATT
b. non-tariff barriers
g. import quota
c. anti-dumping laws
h. WTO
d. free trade agreement
i. protectionism
e. race to the bottom
j. dumping
( H ) An organization formed after WWII to help set rules for
international trade
and to reduce trade barriers.
( F ) A trade agreement aimed to reduce trade
barriers between countries.
( ) They are responsible for monitoring and
enforcing multilateral trade
agreements among 133 countries.
( ) Attempts...