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Trade Agreements and World Trade Organi

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Trade Agreements and World Trade Organi
International Burch University,
Sarajevo

Managment Department
Introduction to Economics I

TRADE AGREEMENTS AND WORLD TRADE ORGANIZATION

PROFESSOR ASSISTANT STUDENTS
Nataša Tandir Nedžad Isaković Sejid Abaz

Sarajevo, December 2011.
CONTENT

Trade Agreements.......................................................................................................................... 3
Bilateral and Multilateral Agreements................................................................................. 3
Trade Agreements and Trading Blocks............................................................................... 3
Different types of trade agreements..................................................................................... 3
1. Free Trade Areas (FTA)........................................................................................... 3
2. Common Monetary Area (CMA)............................................................................. 5
3. Customs Union......................................................................................................... 5
4. Common Market...................................................................................................... 6
5. Monetary Union....................................................................................................... 6
6. Economic Union...................................................................................................... 7
World Trade Organization........................................................................................................... 8
History of the World Trade Organization............................................................................ 8
Ministerial conferences........................................................................................................ 9
Functions.............................................................................................................................. 9
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