Month: July 2024
Difference between gatt and wto with Advantages and similarities
Liberalization. The WTO provides special and differential treatment provisions for developing countries, technical assistance, and capacity-building programs. It also includes initiatives like the Aid for Trade program to help developing countries benefit from global trade. Yes, a country can leave the WTO by providing written notice of its intention to withdraw. The withdrawal takes effect … Read more
Difference between traditional commerce and e commerce with Advantages and similarities
INFRASTRUCTURE Lower due to online platform setup Customer Experience Physical touch and feel Virtual experience Payment Methods Cash, checks, credit/debit cards Online payments including credit/debit cards, e-wallets, cryptocurrencies Marketing Approach Traditional advertising (print, TV, radio) Digital marketing (Social Media, SEO, email marketing) Inventory Management Physical inventory management Automated and real-time inventory management Personalization Limited personalization … Read more