Notes and Study material for Exams
The principles of the World Trade Organization (WTO) are: Non-discrimination: All WTO members are treated equally. Reciprocity: WTO members must give and take in equal measure. Transparency: WTO members must publish their trade laws and policies. Predictability: WTO members must not change their trade laws and policies without good reason. SovereigntySovereignty: WTO members retain the … Read more
The structure of the World Trade Organization (WTO) is as follows: Ministerial Conference: The highest decision-making body of the WTO, which meets at least once every two years. General Council: The main decision-making body of the WTO between Ministerial Conferences. Dispute Settlement Body: The body responsible for settling disputes between WTO members. Trade Policy Review … Read more
The objectives of the WTO are: To help trade flow smoothly, freely, fairly and predictably. To reduce tariffs and other trade barriers. To eliminate discriminatory treatment in international trade. To provide a forum for trade negotiations. To settle trade disputes. To promote cooperation in trade policy between governments. To assist developing and least-developed countries in … Read more
The following are the subtopics of the Evolution of WTO: The GATT and its predecessors The Uruguay Round The Doha Round The WTO’s current agenda The General Agreement on Tariffs and Trade (GATT) was established in 1947 with the goal of promoting trade LiberalizationLiberalization. The GATT was a multilateral agreement between 23 countries, and it … Read more
Here is a list of subtopics without any description for World Trade Organization: Agreement on Agriculture Agreement on Anti-Dumping Agreement on Customs Valuation Agreement on Import Licensing Procedures Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 Agreement on Preshipment Inspection Agreement on Rules of Origin Agreement on Safeguards … Read more
The G7 is a group of seven major industrialized democracies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The G7 was founded in 1975 as the G6, with the addition of Canada in 1976. The G7 meets annually to discuss economic and political issues of common interest. The G7 has been … Read more
The G20 is an international forum for the governments and central bank governors of 20 major economies. The forum was established in 1999 to discuss major issues related to the global economy. The G20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, … Read more
Here is a list of subtopics without any description for the Organization for Economic Co-operation and Development (OECD): Agriculture and Food Anti-Corruption Business and IndustryIndustry Climate Change Development Education EnvironmentEnvironment Finance Gender EqualityEquality Governance Health Innovation International Migration Public Governance Science and Technology Social Policy Statistics Trade and InvestmentInvestment Work and Employment The Organization for … Read more
The following are subtopics about the Asian InfrastructureInfrastructure InvestmentInvestment Bank (AIIB): About AIIB History Governance Membership Operations Projects Funding Criticism Future The Asian Infrastructure Investment Bank (AIIB) is a multilateral Development Bank that provides financing for infrastructure projects in Asia. It was founded in 2015 by 57 countries, including China, India, and the United States. … Read more
Here is a list of subtopics about the New Development Bank: History Membership Governance Operations Projects Criticism Future The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China, and South Africa (BRICS). The bank was founded in 2014 with the goal of financing InfrastructureInfrastructure and Sustainable Development projects in … Read more