AN INTRODUCTION OF “WTO”

Authors

  • Radhika Dr. Vazir Singh Nehra Research Scholar, Department of Commerce, MDU, Rohtak Professor, Department of Commerce, MDU, Rohtak

Keywords:

WTO, GATT, ITO, TRIPS, AoA and TRIMS

Abstract

The WTO came into being in 1995 but it has evolved over the past 50 years as the successor to the General Agreement on Tariffs and Trade (GATT). The WTO is the GATT plus a lot more. It is an organization which main function is to ensure that trade between member countries must flow as smoothly, predictably, and freely. Under this conceptual paper, it has been assessed that how WTO takes place?, efforts to understand the historical background of GATT and WTO, to find out difference between the GATT and WTO, to know about the structure, secretariat and budget of it, to make the people aware about the various agreements of it and to know the principles of WTO’ trading system and many quantitative restrictions. For this purpose, secondary source of information has been used. 

References

https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact1_e.htm

https://en.wikipedia.org/wiki/General_Agreement_on_Tariffs_and_Trade

https://history.state.gov/milestones/1937-1945/bretton-woods

http://www.fao.org/docrep/w7814e/w7814e05.htm

http://www.yourarticlelibrary.com/organization/difference-between-wto-and-gatt/40416/

https://www.iisd.org/trade/handbook/3_1.htm

https://www.wto.org/english/thewto_e/secre_e/budget_e.htm

http://sansad.org.in/pdf/WTOREPORTENGLISH.pdf

https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm

http://www.meti.go.jp/english/report/data/gCT9903e.html

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Published

2015-07-31

Issue

Vol. 4 No. 8 (2015): JULY 2015

Section

Articles

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