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  • Submitted: Sakshi Arora

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    Sakshi Arora
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    The World Trade Organization (WTO) is the international body that regulates trade between nations. It began operating on January 1, 1995, replacing the General Agreement on Tariffs and Trade. The WTO aims to help producers, exporters, and importers conduct business internationally by creating rules for trade and resolving disputes. It also works to lower trade barriers to increase trade, national income, and employment.

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    The World Trade Organization (WTO) is the international body that regulates trade between nations. It began operating on January 1, 1995, replacing the General Agreement on Tariffs and Trade. The WTO aims to help producers, exporters, and importers conduct business internationally by creating rules for trade and resolving disputes. It also works to lower trade barriers to increase trade, national income, and employment.

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    Attribution Non-Commercial (BY-NC)
    Descargue como PPTX, PDF, TXT o lea en línea desde Scribd
    Marcar por contenido inapropiado
    14 vistas12 páginas

    Submitted: Sakshi Arora

    Cargado por

    Sakshi Arora
    The World Trade Organization (WTO) is the international body that regulates trade between nations. It began operating on January 1, 1995, replacing the General Agreement on Tariffs and Trade. The WTO aims to help producers, exporters, and importers conduct business internationally by creating rules for trade and resolving disputes. It also works to lower trade barriers to increase trade, national income, and employment.

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    Attribution Non-Commercial (BY-NC)
    Descargue como PPTX, PDF, TXT o lea en línea desde Scribd
    Marcar por contenido inapropiado
    de 12

    Submitted By: Sakshi Arora

    WORLD TRADE ORGANISATION

    The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The organization deals with regulation of trade between participating countries.

    WORLD TRADE ORGANISATION

    The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business

    WORLD TRADE ORGANISATION

    1.

    Trade raises incomes. Trade stimulates economic growth, and that can be good news for employment.

    2.

    3.

    The system encourages good government.


    The system helps to keep the peace. Rules make life easier for all.

    4.

    5.

    WORLD TRADE ORGANISATION

    Lowering trade barriers allows trade to increase, which adds to national income and personal income.

    WORLD TRADE ORGANISATION

    Trade clearly has the potential to create jobs. In practice there is often factual evidence that lower trade barriers have been good for employment.

    WORLD TRADE ORGANISATION

    Under WTO rules, once a commitment has been made to liberalize a sector of trade, it is difficult to reverse. The rules also discourage a range of unwise policies. For businesses, that means greater certainty and clarity about trading conditions. For governments it can often mean good discipline

    WORLD TRADE ORGANISATION

    This sounds like an exaggerated claim, and it would be wrong to make too much of it. Nevertheless, the system does contribute to international peace, and if we understand why, we have a clearer picture of what the system actually does

    WORLD TRADE ORGANISATION

    The WTO cannot claim to make all countries equal. but it does reduce some inequalities, giving smaller countries more voice, and at the same time freeing the major powers from the complexity of having to negotiate trade agreements with each of their numerous trading partners

    WORLD TRADE ORGANISATION

    1. 2. 3. 4.

    5.

    Administering WTO trade agreements. Handling trade disputes. Monitoring national trade policies. Technical assistance and training for developing countries. Cooperation with other international organizations .

    WORLD TRADE ORGANISATION

    153 members by 23 July ,2008 India joined WTO on 1st January, 1995

    WORLD TRADE ORGANISATION

    WORLD TRADE ORGANISATION

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