World Trade Organization (WTO) was formed in 1995. It is the only global international organization dealing with the rule of trade between nations. The objective is to help producers of goods and services, exporters and importers conduct their business.
Leading trading nations entered into the General Agreement on Tariffs and Trade (GATT) in 1947 to ensure orderly, fair and transparent international trade. The fundamental principle of such agreement are:
Most Favored Nation (MFN) – Every signatory will extend to every other signatory member, the same and equal treatment in a non-discriminatory manner.
The second principle is “National treatment” – that imported goods and domestically produced goods will be treated alike, except for payment of customs duty at the time of import
Course Content
Download Powerpoint Presentation
-
Click here to download Powerpoint Presentation
Earn a certificate
Add this certificate to your resume to demonstrate your skills & increase your chances of getting noticed.
A course by
Student Ratings & Reviews
Lessons:
