Papers > Business > Changing National and World Trade Policies and their Impact
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Changing National and World Trade Policies and their Impact
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Executive Summary
Growth in international trade has played a leading role in the expansion of the world economy. The WTO system aimed of ensuring stable development of the world economy and integrating developing countries into the world trade system. However, according to each country¡¯s politic and economic situation, each country¡¯s own policy cannot be adapted as a whole policy of world trading system, and they try to make economic agreement, bloc, or cartel with some countries which have similar situations to take advantage in world trading system. ... Response to economic globalization (providing and strengthening rules on anti-dumping, trade and environment, investment and other issues). ... Prevention of dividing the world economy into blocs through the strengthening of the WTO. ... )
As companies are engaged in business activities across national borders, a larger portion of national economies is affected by economic activities across national boarders today. ... Specifically, the WTO should work out rules on investment and improve and work on rules on trade remedies, so that it would facilitate corporate activities and provide them with stability and efficiency.
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Paper Information
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Title: Changing National and World Trade Policies and their Impact
Words: 778
Rating: None
Pages: 3.1
submitted by: meiji94
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