The Impacts of European Colonialism in Africa The importance of studying history lies in the fact that by analyzing past events‚ one can gain insight on how something came to be. The fact that many countries in Africa today are underdeveloped for example‚ can be explained by European colonization and exploration in the past. Some historians would disagree with this view and assert that European colonialism actually served a moral purpose and was mutually beneficial to both parties. They argue that
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other to gain territory in Africa. The more they gain the more powerful they thought they would become. Africa was soon bled of it’s human resources. The Europeans induced slavery for the beneift of the Muslim countries‚ from the nineth century to the nineteenth century. The last four centuries of which were regular slave trade to help the Americas and the Christian states of Europe. Approximately twentyeight to thrityseven million slaves were taken from Africa during those ten ccenturies
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international trade once Vietnam has been an official member of WTO. It is textile and garment industry that is one of the most difficult problem in negotiation process of bilateral agreement with US. So for such a dependent-on-government industry like textile and garment industry‚ what would happen after removing all preferences ? Whether they could survive ? What should they do to gain benefits in such a fierce competition after WTO accession ? That is the purpose of our paper. We hope that this
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HISTORY The WTO began life on 1 January 1995‚ but its trading system is half a century older. Since 1948‚ the General Agreement on Tariffs and Trade (GATT) had provided the rules for the system. (The second WTO ministerial meeting‚ held in Geneva in May 1998‚ included a celebration of the 50th anniversary of the system.) It did not take long for the General Agreement to give birth to an unofficial‚ de facto international organization‚ also known informally as GATT. Over the years GATT evolved through
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Contents: Acknowledgement : We would like to express our whole hearted thanks to Almighty Allah by whose grace & blessings we have the knowledge‚ insight and opportunity to complete this report. We are grateful to our teacher Mr. Mirza Aqeel Baig for teaching us the entire course of Pakistan Economic Policy. His versatile knowledge in this field and unique teaching style has developed our knowledge and cleared many concepts. Thankyou! EXECUTIVE SUMMARY:
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The impact of the financial crisis on Africa By Eric Essuman Duodu Most Africa countries had enjoyed steady but minimal economic growth in the last decade partly due to lack of good governance and accountability. Nonetheless‚ the emergence of the Western financial crisis has further deepened the economic woes of third world countries. 2. Many were of the view that the impact of the crisis on the continent would be minimal because of African’s limited integration in the global market but the
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Impact of Islam on West Africa Islam impacted West Africa in many ways. It changed the people’s views of their rulers‚ and in some people‚ even the way they viewed the world. Other aspects stayed the same‚ like the beliefs of the pagan people and how they lived. The most important connection that Islam made globally was the establishment of trading centers and routes. When Muslims brought Islam into West Africa from across the Sahara‚ Africans were attracted to it because it helped them through
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As it is known the WTO agreements is very huge in and documents full of complexity which cover range of activities such as banking‚ government procurement‚ agriculture‚ and etc. Therefore there are five clear principles that go into all documents‚ and they are considered as the basis of multilateral trading system (WTO‚ n.d.). These principles are briefly introduced bellow: Non-discrimination trading The first principle to introduce is trading without discrimination‚ having two important components
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Merits of the WTO According to the WTO agreements‚ one of the most important reasons for having the system is that it’s a forum for countries to thrash out their differences on trade issues. In the agreement lie many over-riding reasons why it’s better off with the system in place. These are the ten distinct advantages according to the WTO; the system helps promote peace‚ disputes are handled constructively‚ rules make life easier for all‚ freer trade cuts the costs of living‚ it provides more choice
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decided to set up a permanent institution for looking after the promotion of free and fair trade amongst nations. Consequence to this decision‚ the GATT was transformed into World Trade Organisation (WTO) with effect from 1st Jan 1995. The Head Quarters of WTO is situated in Geneva‚ Switzerland. WTO is a powerful successor of GATT and a permanent organisation created by an international Treaty ratified by Government of member states which governs trade not only in goods but also in services and intellectual
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