World Trade Organization Background Information Established in 1995 after the Uruguay Round of global trade talks‚ the World Trade Organization (WTO) is a powerful global commerce agency that transformed and expanded the General Agreement on Tariffs and Trade (GATT) into an enforceable global commerce code. Stated Aim To promote free trade and stimulate economic growth. The actions‚ method‚ and fundamentalism‚ of the World Trade Organization evokes strong antipathies. Among other things
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countries‚ especially Japan had gone a through a major industrial revolution‚ the Latin America failed to industrialize because of struggling for independence and wars‚ such as‚ between Bolivia and Peru‚ Mexico‚ alliance of Argentina‚ Brazil‚ and Uruguay with Paraguay. 00 Paragraphs: Paragraph one
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The Philippines participated in the first basketball tournament in the history of the Olympic games during the 1936 Berlin edition where basketball was played outdoors on lawn tennis courts (which was terribly hampered by a bad rainy weather) and there were still no seats for spectators. Dr. James Naismith‚ acknowledged as the inventor of the beautiful game of basketball‚ was present at the Berlin Olympic basketball competitions and handed out the medals to the winning basketball teams. The 1936
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low-class society in Argentina and Uruguay and now it’s mostly dance by mid and high societies around the world. This paper will be focusing on a brief introduction about the history of tango and the different styles of tango such as: Tango Milonguero‚ Ballroom tango‚ International tango‚ American tango‚ Filipino tango‚ Tango Nuevo‚ Finish tango and finally the Argentinean tango. Tango is a dance that started in Buenos Aires‚ Argentina and Montevideo‚ Uruguay during the late 19th century. Early
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Kailey Soccer is one of the most popular sports in Europe and the Americas. It has an interesting history in the world of sports. Early evidence of soccer being played as a sport finds occurrence in China during the 2nd and 3rd centuries BC. In China‚ it was during the Han dynasty that people dribbled leather balls by kicking it into a small net. Recorded facts also support the fact that Romans and Greeks used to play ball for fun and frolic. Some facts point to Kyoto in Japan where kicking
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The 4th South China University of Technology Model United Nations Conference Background Guide Committee: Union of South American Nations Topic: Free Trade and Regional Security Welcome Letter from the Dais Distinguished Delegates: Welcome to South China University of Technology Model United Nations Conference of 2013! We are the dais of Union of South American Nations‚ sincerely hoping to witness your active participation and constructive solutions to crisis with your comprehensive
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Objectives and functions of WTO 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 barriers. GATT has been replaced by WTO in 1995. WTO is wider in scope
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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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(UK)‚ Tokyo (Japan)‚ Punta del Este (Uruguay)‚ Montreal (Canada)‚ Brussels (Belgium) and finally to Marrakesh (Morocco) in 1994. During that period‚ the trading system came under GATT‚ salvaged from the aborted attempt to create the ITO. GATT helped establish a strong and prosperous multilateral trading system that became more and more liberal through rounds of trade negotiations. But by the 1980s the system needed a thorough overhaul. This led to the Uruguay Round‚ and ultimately to the WTO.
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discussing the reduction and binding of customs tariffs and the number gradually grew over the years.1 Almost thirty-four years later‚ the Uruguay Round initiated the largest improvement in international trade since the GATT. The Uruguay Round was one of the first rounds of negotiations to lower the tariff rates and it originated from the GATT initiatives. The Uruguay Round’s negotiations produced results and tariff rates fell significantly over the years‚ affecting many different countries around the
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