World Trade Organization Plan of the Essay: I . History II. The organization and it’s structure III. Whose WTO is it anyway? IV. The WTO Agreements V. Understanding the WTO VI. Summary VII. Sources and bibliography The essay was prepared by Siarhei Bayarchuk‚ 52279 Warsaw‚ 2012 May I. History „... the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows
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The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1‚ 1995 under the Marrakech Agreement‚ replacing the General Agreement on Tariffs and Trade (GATT)‚ which commenced in 1948.[5]The organization deals with regulation of trade between participating countries; it provides a framework for negotiating and formalizing trade agreements‚ and a dispute resolution process aimed at enforcing participants’
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WELCOME TO THE PRESENTATION SALIENT FEATURES OF “THE TRADE UNION ACT‚ 1926” OBJECTIVES • FOR REGISTRATION OF TRADE UNIONS AND DEFINING THE LAW OF RELATING TO REGISTERED TRADE UNIONS. APPLICABILITY (SECTION 1) • EXTENDS TO WHOLE OF INDIA. DEFINITIONS (SECTION 2) “THE APPROPRIATE GOVERNMENT “ MEANS‚ IN RELATION TO TRADE UNIONS WHOSE OBJECTS ARE NOT CONFINED TO ONE STATE THE CENTRAL GOVERNMENT AND IN RELATION TO OTHER TRADE UNIONS‚ THE STATE OVERNMENT‚ UNLESS THERE IS ANYTHING REPUGNANT
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2. Describe the notorious triangle trade with the middle passage. The triangle trade with the middle passage would be the transatlantic slave trade. The triangular trade connected three countries through its four decade long exploitation of black men‚ women‚ and children. The ships would first leave the West Indies with imports to exchange for slaves in Africa. When reaching Africa‚ captains would trade rum and other iron products for slaves to ship back to America. The colonies then exported a
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Market Powers and Antitrust Practices The goals of antitrust laws are to make corporations compete fairly and are intended to prevent monopolies and encourage competition. A company that has market power can change prices to benefit their company. Other companies will follow their example. In the antitrust investigation against Apple‚ Inc.‚ Apple’s collusion with publishers increased its market power considerably‚ essentially high jacking the e-book market. With the ever-evolving technological
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Safe roads are everyone’s concern‚ and it’s doubtful that anyone would oppose reasonable measures to enhance traffic safety. Considering the higher number of accidents that involve young drivers‚ the motivation behind restrictive driving laws is understandable. To promote responsibility some states have passed laws intended to keep young drivers off the roads after dark and to ensure that an adult driver accompanies them during daylight hours. However‚ these laws prejudicially target one portion
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CHAPTER-16 - WORLD TRADE ORGANISATION Q.1 : Discuss the objectives and functions of WTO. (M.2011) Ans. A) EMERGENCE OF WTO :- After the Second World War‚ many countries got down together to work on ways and means to promote international trade. The result was signing of General Agreement on Tariffs and Trade (GATT) by 23 countries in 1947. India was one of the founder members of GATT. GATT was created to reduce global depression and to liberalise and regulate the world trade by reducing tariff
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1. Describe how the world economy is becoming more integrated than ever before. The global economy is becoming more integrated than ever before. The world trade organization (WTO)‚ now has 153 countries involved in more than 95 percent of the world’s trade. The global economy is dominated by countries in three regions: Western Europe‚ North America‚ and Asia. Europe is economically to form he biggest market in the world. Under the Maastricht Treaty‚ which formally established the European Union
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1. SHORT TITLE. - This Act may be called the Maharashtra Recognition of Trade Unions and Prevention of Unfair Labour Practices Act‚ 1971. 2. EXTENT‚ COMMENCEMENT AND APPLICATION. - (1) This Act extends to the whole of the State of Maharashtra. (2) It shall come into force on such date as the State Government may‚ by notification in the Official Gazette‚ appoint; and different dates may be appointed for different areas and for different provision of this Act. (3) Except as otherwise
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HAPI’s reserve practice has remained unchanged since my last review‚ reserving each claim based on several critical factors; compliance with the medical standard level of care‚ proper consent‚ negligence‚ damages‚ jurisdiction and whether the insured will make a favorable witness. All these factor will influence the overall value of the claim. Initial reserves are posted within 10 to 15 business days from the initial report of loss. Thereafter‚ the claim financials are adjusted as the claim develops
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