GATT vs WTO
Not what you're looking for?
What are the major difference between the World Trade Organization and the General Agreement on Tariffs and Trade? Details ....
Purchase this Solution
Solution Summary
The major difference between the World Trade Organization and the General Agreement on Tariffs and Trade are provided.
Solution Preview
The World Trade Organization (WTO) was established in 1995 in the final round (Uruguay Round) of the General Agreement on Tariffs and Trade (GATT) negotiations. The WTO is not a simple extension of GATT, but a complete replacement of it with a different character. The WTO embodies the negotiated results of the Uruguay Round and is the successor to GATT. The WTO is responsible for enforcing the GATT agreements, which are designed to reduce barriers to world trade. During the trade negotiations global rules for international trade were improved and extended to most ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
Recent Feedback
- "Thank you. "
- "Thank you"
- "Thank you. I got 20/20 last week for my discussion you help me out with."
- "Thank you. Great Job. "
- "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Introduction to Finance
This quiz test introductory finance topics.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.