Escolar Documentos
Profissional Documentos
Cultura Documentos
Objectives of EU
Trade creation
Healthy competition among firms
Consumer welfare
Economic growth
Employment
Technological developments
Improvement in efficiency
Economies of large scale
Objectives of AFTA
Objectives of SAARC
Objectives of NAFTA
Objectives of WTO
Functions of WTO
Of GATS:
- Export of services
- Expansion of service sector
- Customer service
Of AoA:
- Reduction in tariff duties
- Increase in market access
- Reduction in export subsidies
- Reduction in domestic support
Negative Implications
Of TRIPs:
- Favours developed countries
Of TRIMs:
- Interference in domestic affairs
- Effect on small firms
- Outdated technology
Of GATS:
- Problem of competition
- Outflow of foreign exchange
Of AoA:
- Reduction in tariff duties
- Increase in market access
- Reduction in export subsidies
- Reduction in domestic support