0
What do you mean by World Trade Organisation and globalisation?
Wiki User
∙ 16y ago
The world trade Organisation and the European Union The world trade organisation is the leading agency involved in the regulation of international trading. It develops ground rules for international commerce. Established in 1995, the world trade organisation is the successor body to the general agreement on tariffs and trade also known as GATT. As of July 2007, there are currently 151 members of the world trade organisation. Basically, the World Trade Organization deals with the rules of trade between nations at a global or near-global level. The world trade organisations agreement covers goods, services and intellectual property. It is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. The agreement falls into 6 categories: ° An umbrella agreement (The agreement establishing the WTO) ° Agreements for gods ° Agreements for Services ° Agreements for intellectual property °Dispute settlement °Reviews of governments trade policies
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What does the global age mean?
the first global age was when africa asia and the middle east started trade and that started trade all over the world so the term global age means the growing of trade all over the world. - Aj 12 year old
What does the name bin laden mean?
A crazy person who drove airplanes into the world trade center. jk thats wat it means 2 me
What does trade network mean?
a system in which trade takes place between certain groups of people.
What did spheres of influence mean to china?
Chinese trade was dominated by foreign influence
What does un Mundo mean?
A world
What does globalisation mean for kids?
globalisation is something spreading around the world
One of the protesters against globalisation immolated himself at a World Trade Organization annual meeting. Did this happen in Seattle or in Gl?
I don't know what you mean by 'Gl' but this did not happen in Seattle.
What does The Who mean?
World Health Organisation
What does the acronym WHO mean?
World Health Organisation
Does globalisation mean the movement of goods and commercial activities?
globalisation has resulted in the loss of some individual cultural identities.
What is the What is the difference between globalisation and internationalisation?
These are alternative spellings. The first is generally thought of as the American spelling of the word and the second is often thought to be the strictly UK spelling of the word, though the Oxford English Dictionary offers both alternatives. I have chosen to use the "s" spelling throughout because the coursebooks I was referring to were using it. It doesn't really matter which one you use when you are writing as long as you are consistent and use the same spelling throughout.What exactly does "globalisation" mean?In its broadest terms the word simply means that "it relates to the whole world". Simple!So what does it mean in real terms?Globalisation, according to the pundits, means the facilitation of integration between different nations and peoples, reduced transportation costs (e.g. cheaper flights), easier and cheaper communication over great distances, more efficient trade between different countries around the globe (thereby improving the economies of developing countries), improved services and standardised quality of products (so you can buy the same fast food, fizzy drink etc. anywhere in the world), shared knowledge (in a variety of fields including medicine thereby reducing disease and mortality in developing countries) and general progress to the benefit of all. Sounds great, doesn't it!Who makes globalisation happen?There are many international bodies who are behind the globalisation movement. To name but a few in the field of global economics there are:- The IMF (the International Monetary Fund)- The World Bank- The WTO (the World Trade Organisation) These are alternative spellings. The first is generally thought of as the American spelling of the word and the second is often thought to be the strictly UK spelling of the word, though the Oxford English Dictionary offers both alternatives. I have chosen to use the "s" spelling throughout because the coursebooks I was referring to were using it. It doesn't really matter which one you use when you are writing as long as you are consistent and use the same spelling throughout.What exactly does "globalisation" mean?In its broadest terms the word simply means that "it relates to the whole world". Simple!So what does it mean in real terms?Globalisation, according to the pundits, means the facilitation of integration between different nations and peoples, reduced transportation costs (e.g. cheaper flights), easier and cheaper communication over great distances, more efficient trade between different countries around the globe (thereby improving the economies of developing countries), improved services and standardised quality of products (so you can buy the same fast food, fizzy drink etc. anywhere in the world), shared knowledge (in a variety of fields including medicine thereby reducing disease and mortality in developing countries) and general progress to the benefit of all. Sounds great, doesn't it!Who makes globalisation happen?There are many international bodies who are behind the globalisation movement. To name but a few in the field of global economics there are:- The IMF (the International Monetary Fund)- The World Bank- The WTO (the World Trade Organisation)
What does WTC mean?
World Trade Center
What does for cutting off your trade with all parts of the world mean?
It means to end or stop the trade with the whole world and everyone in it.
Is the GAA linked to the terrorist IRA?
No. The GAA is a sporting organisation. As it promotes Irish sport, it is seen as part of the wider nationalist sphere of Irishness, but that does not mean it is involved in terrorism and as stated, it is a sporting organisation, the largest amateur sporting organisation in the world.
What does the new world mean and how does it affect the slave trade?
the new world is the world that Columbus discovered for the Europeans. If it was not for the new world the slave trade could have easily died out.
What does WTC mean in texting?
world trade center or what the c***
What is ment by an organisational culture?
Organisation culture mean behaviour of the organisation i.e., individual behaviour within the organisation. Organisation in this universe is different from others in its culture.
