How effective WTO in practice? : what is its core activities and contribution to the development of international trade?

Tonmoy, Nazmul Haque: How effective WTO in practice? : what is its core activities and contribution to the development of international trade? Comparative Law Working Papers, (2) 2. pp. 1-19. (2018)

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Abstract

International trade and the integrated capital market both are essentially unique features of 20th century. The process of internationalizing businesses through the foreign investment was still in practice in the earlier period of gradual globalization but in the form of foreign direct investment. There were still some barriers in existence in international trade and it was necessary to eliminate such barriers like tariffs and import quotas, relationship between countries and an effective dispute resolution system therefore, a unified trading system based on the international trade law was an inevitable necessity for countries. This research paper examines the general overview of World Trade Organization; it also analyzes its potency in the development of international trades and how effective it is in practice. An attempt is made in this paper to examine the core activities of WTO and answering the questions whether developing countries are benefited through the adaptation of the WTO. The paper further discusses the impact of WTO policies on developing countries, whether or not the WTO policies have positive effect on the trade of developing countries.

Item Type: Article
Journal or Publication Title: Comparative Law Working Papers
Date: 2018
Volume: 2
Number: 2
Page Range: pp. 1-19
ISSN: 2560-1911
Uncontrolled Keywords: Kereskedelem - nemzetközi
Additional Information: Bibliogr. a lábjegyzetekben ; összefoglalás angol nyelven
Date Deposited: 2020. Jan. 07. 13:03
Last Modified: 2020. Jan. 07. 13:03
URI: http://acta.bibl.u-szeged.hu/id/eprint/63753

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