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What are the advantages of GATT?

GATT is now known as WTO. The advantages are the tariffs in the industrial sector have lowered all across the world. Many trade disputes have been settled. They encourage countries from maintaining huge trade deficits.


What are the advantages of extracting gold?

Some advantages of extracting gold include: it can be a valuable source of income and economic growth for countries, it has various industrial uses in electronics, medicine, and jewelry, and it can serve as a hedge against inflation and economic instability.


Industrial Revolutions effect on the world view of other countries?

effect of the industrial revolution on other countries


Is GNP generally higher in industrial or developing countries?

Industrial


Is south countries of the world referred to as industrial countries?

No it is not true. Sweden, Finland, Russia, USA, Canada, UK, Japan, ... etc are north industrial countries.


What are the advantage catering service?

advantages of industrial and welfare catering


What characteristics of industrial countries?

qw


How are developing countries primarily different from industrial nations?

Developing countries are primarily different from industrial nations in that the living standards are not the same


How did the Industrial Revolution affect the standard of living for people in industrial countries?

The industrial revolution affected the standard of living for people in industrialized countries by improving food production and lowering production costs.


What advantages and disadvantages did the factory system bring to society in the Industrial Revolution?

the advantages is people have strong will and the opposite is strong have people get it?!


What countries are in stage 1 of dtm?

None at the moment. All countries have moved on to stages two (early industrial) or three (mature industrial) at this point.


What are the advantages of countries to have deposits of coal or oil?

The Advantages are that we get to ride a train or drive a car.