wto

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Title: wto

Essay Details:

Subject: Miscellaneous

Author: Rose M

Date: May 6, 2016

Level: University

Grade: A

Length: 2 / 558

Essay text:

Each country receives guarantees that its exports will be treated fairly and consistently in other countries' markets. Each promises to do the same for imports into its own market. The system also gives developing countries some flexibility in implementing their commitments. Goods back to top It all began with trade in goods. From 1947 to 1994, GATT was the forum for negotiating lower customs duty rates and other trade barriers; the text of the General Agreement spelt out important rules, particularly non-discrimination. Since 1995, the updated GATT has become the WTO's umbrella agreement for trade in goods...

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