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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Pros and Cons of Vaccination In 1796‚ Edward Jenner invented the first vaccine‚ which was for the smallpox virus. (Google timeline) Centuries later‚ we now have a very large amount of vaccines that have been created with the purpose of protecting the human race from infectious diseases. The question is‚ how effective are these vaccines? Are they more beneficial or harmful to us? Are they serving their purpose? Could a person survive in this world without ever being immunized? In this small research
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Empire that existed during the 13th and 14th centuries and at their height were considered the largest contiguous land empire in history. They had many influential effects on the world including that they forever changed the map of the world‚ changed the course of leadership in two religions‚ opened intercontinental trade‚ produced new nations‚ and impacted history indirectly in an innumerable number of other ways. The Mongols were very effectual at what they did and that’s what led to most of the
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Globalization is a set of processes leading to economic integration. All countries open their doors to each other. The wind of globalization has carried a lot of changes .The life nowadays depends on trade and economic relationships. Before globalization‚ countries were separated from each other. As a result ‚ every one was looking for its interset in a selfesh way which is contrary to what is happening now. However‚ people nowadays are thinking of ways that help them to communicat with one other
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1) Nuclear power generation does emit relatively low amounts of carbon dioxide (CO2). The emissions of green house gases and therefore the contribution of nuclear power plants to global warming is therefore relatively little. Between mining the uranium‚ refining and enriching fuel‚ and finally to building and operating the plant‚ a big 1‚250 250-megawatt nuclear facility produces an estimated 250‚000 tons of carbon dioxide during its lifetime. In contrast‚ coal-fired plants produce close to 2 billion
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PROS AND CONS OF TECHNOLOGY Pros and Cons of Technology (abstract): Pros mean advantage and cons means disadvantage. Any coin have two side same way technology have some advantages and some disadvantages. The pros and cons of technology are numerous. By technology we can use more things like internet‚ computer‚ telephone etc. According to me technology has more advantage than disadvantage. Technology: The systematic application of scientific knowledge to a recent product
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Declining of trade union after globalization 1. The era of globalization saw the decline in union membership and consequently diminishing union influence in most parts of the world. 2. Trade unions all over the world are under attack by the very forces‚ drivers and consequences of globalization. 3. Increasing global economic competition and capital mobility‚ rise of cross-border production networks combined with outsourcing‚ neoliberal economic policies‚ rapid pace in technological innovation
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Topic : the pros and cons of powerpoint Student : Outline: I. Introduction II. Pros and Cons : 1. Pros : * Catch audience’s attention * Easy to follow * Able to review 2. Cons : * Too shorted * Focus too much on the slide show * Wasted time I. Introduction: PowerPoint is presentation software that is part of the Microsoft Office suite of productivity programs. PowerPoint is designed to allow people to create a series of single-page slides that contain
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The North American Free Trade Agreement “eliminated most tariffs on goods traded between the nations‚ and set in place processes to get rid of regulatory and other barriers.” There are many benefits of this agreement‚ such as increasing trade‚ lowering prices‚ and increasing foreign investment. However‚ there are also disadvantages including the loss of domestic jobs which led to suppressed wages. From an economic perspective‚ I recommend that the United States remain in NAFTA due to its various
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Why richer are getting richer and poorer are getting poorer? Globalization is taken as facilitator of international trade and economic growth. There might be various parameters for the measurement of the connection between globalization‚ international trade and economic growth that is derived from the mobility of investment‚ human capital to communication and transportation that fosters interdependency and other forms of economically beneficial and social relationship between countries. In economy
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