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- What is the function of the World Trade Organization (WTO)?What is the value of the WTO? Explain whyWhy is there a perspective that the flexibilities provided by the TRIPS Agreement are insufficient in facilitating fair and equal access to vital drugs, medical technologies, and other necessary products for combating the Covid-19 pandemic. What are potential alternatives, if available, that can be pursued with the support of the World Trade Organization (WTO).
- Is There A Need For A Free Trade Agreement Between The European Union And Gulf Cooperation Council? After twenty-four years, EU-GCC member countries are unable to reach a treaty on a Free Trade Agreement (FTA). The Joint Council meeting held in Muscat at the end of April 2009 underlined the broad commitment of both sides to broaden and deepen relations outside the scope of an FTA. There is a perception within the GCC that, up to this point, the EU has contributed little in terms of helping to integrate the GCC into global markets and that in terms of policy-exploring opportunities in the EU-GCC relationship, the EU has been highly inflexible; but, unless the issue, as a whole, is resolved, it is likely that other areas where cooperation could be advanced could be held back as well. In other words, the current inflexible policies of the EU and GCC member countries have served as an impediment to achieve broader political and economic goals. The EU has virtually no economic gains as a…Is There A Need For A Free Trade Agreement Between The European Union And Gulf Cooperation Council? After twenty-four years, EU-GCC member countries are unable to reach a treaty on a Free Trade Agreement (FTA). The Joint Council meeting held in Muscat at the end of April 2009 underlined the broad commitment of both sides to broaden and deepen relations outside the scope of an FTA. There is a perception within the GCC that, up to this point, the EU has contributed little in terms of helping to integrate the GCC into global markets and that in terms of policy-exploring opportunities in the EU-GCC relationship, the EU has been highly inflexible; but, unless the issue, as a whole, is resolved, it is likely that other areas where cooperation could be advanced could be held back as well. In other words, the current inflexible policies of the EU and GCC member countries have served as an impediment to achieve broader political and economic goals. The EU has virtually no economic gains as a…What is the WTO, and how does it affect international trade? How many nations belong to the WTO? (Update the number given in this book at www.wto.org .) Is the Doha Round (or Doha Agenda) still in progress, or has it been concluded with an agreement (again, use the WTO Website)? If the former, when and where was the latest ministerial meeting? If the latter, what are the main features of the agreement?
- Describe at least 5 barriers to international trade for GCC / MENA countries.Full form of WTO?After the Seattle 1999 World Trade Organization (WTO) Ministerial Conference, in the next two years, large anti-globalization demonstrations rocked the International Monetary Fund and World Bank in Washington. Describe the role of WTO with respect to the following 7 aspects: knowledge of WTO/GATT, fostering trade liberalization, abolishing tariffs, increasing transparency, seeking resolutions, improving communication within trading blocs, controlling export subsidies, improving national welfare and competitiveness of developing countries
- Explain North American Free Trade Agreement (NAFTA)?Why are regional trade agreements among countries so important in the global economy? What is your evaluation of NAFTA and its impact on the participating countries?The WTO regulates international trade by regulating a range of public activities that impact the ability of private actors (companies) to engage freely in the market. Explain shortly what kind of public activities the WTO agreements restrict.
