SlideShare uma empresa Scribd logo
1 de 12
Baixar para ler offline
INTERNATIONAL BUSINESS,[object Object],“EFFECTS OF GATT & WTO IN WORLD TRADE”,[object Object],MayankMaindola,[object Object],(10609029),[object Object]
INTRODUCTION,[object Object],International business may be defined as a contract of buying & selling of goods & services entered into between 2 parties whose places of business are in different countries  or business in goods & services  that cut across international borders or boundaries or between national of different coutries.,[object Object]
GENERAL AGREEMENT FOR TARIFFS  & TRADE,[object Object],[object Object],	It sought substantial reduction in tariff and other barriers to trade and to eliminate discriminatory treatment in international commerce.,[object Object],	India signatory to GATT 1947 along with twenty two  other countries ,[object Object],	Eight rounds of negotiations had taken place during five decades of its existence,[object Object]
WORLD TRADE ORGANISATION,[object Object],The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.,[object Object]
IMPORTANCE OF GATT/WTO,[object Object],There are two main reasons. First, in a globalizing economy, the WTO agreements determine more and more national trade rules. For business, it is vital to be familiar with the present and future trade rules in their markets. The new trading environment will provide definite advantages to more efficient producers, who will increase their market share at the expense of less efficient ones. ,[object Object]
IMPORTANCE (CONTD.),[object Object],The other reason is more general but equally important. In many developing countries and transition economies, there is no systematic dialogue between business and government in trade matters. This is partly due to historical reasons, such as weak economic structures and legal and institutional underdevelopment. But a contributing factor is that businesses in that part of the world do not know the rules of the game and therefore are not in a position to participate in a meaningful dialogue with the government. As a result, multilateral trading system rules are alien to them; businesses do not feel that they can have an impact on them, however small it may be. This strengthens the already widespread anti-globalization feelings.,[object Object]
ANALYSIS,[object Object],The leading statistical analysis to date finds no evidence that the GATT/WTO increased trade among members,[object Object],The following analysis seeks to fill the void between theoretical insight & empirical evidence by comprehensively evaluating the effects of the trade agreements on trade flows in the years since world war II . The analysis is organized around 2 factors:-,[object Object],	1. institutional standing,[object Object],	2. institutional embeddedness  ,[object Object]
INSTITUTIONAL STANDING,[object Object],The concept of standing which can be wider or narrower than formal membership, helps us understand the true reach of international institutions.,[object Object],	Standing differs from formal membership in two ways:-,[object Object],	 a) First, some institutions give rights & obligations not only to formal members, but also the territories & groups that never signed the agreement.,[object Object],	b)  even formal members do not necessarily accept all parts of an agreement as binding  on themselves.,[object Object]
INSTITUTIONAL EMBEDDEDNESS,[object Object],The concept of embeddedness and use is to access the effect of different, but what many analysis see as functionally equivalent institutions.,[object Object],The GATT/WTO is embedded in a system of other trade agreements, including PTAs. As a the number of PTAs grew in the 1980s & 1990s, scholars worried that such agreements would undermine the GATT/WTO system. PTAs seemed problematic because they excluded countries; any benefit accruing to a would be even greater if expanded multilaterally through the GATT/WTO.,[object Object]
STATISTICAL MODEL,[object Object],They employ the statistical model of international trade- the gravity model- to estimate the effects of postwar trade agreements.,[object Object],This approach while standard, does not capture all potential effects of the GATT/WTO.,[object Object]
CONCLUSION,[object Object],Trade among those with standing in the GATT was considerably higher than what one would predict, based purely on proximity, national income & other nonpolitical variables.,[object Object],The concept of embeddedness also has wide reaching implications for other areas of international relation.,[object Object]
THANKYOU,[object Object]

Mais conteúdo relacionado

Mais procurados (19)

Fin I Supplement
Fin I SupplementFin I Supplement
Fin I Supplement
 
WTO
WTOWTO
WTO
 
Wto by nasir ibal
Wto by nasir ibalWto by nasir ibal
Wto by nasir ibal
 
WTO (World Trade Organization)
WTO (World Trade Organization)WTO (World Trade Organization)
WTO (World Trade Organization)
 
S.s.t
S.s.tS.s.t
S.s.t
 
WTO
WTOWTO
WTO
 
WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...
WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...
WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...
 
International law and wto
International law and wtoInternational law and wto
International law and wto
 
Wto
WtoWto
Wto
 
The Multilateral Trading System After Doha
The Multilateral Trading System After DohaThe Multilateral Trading System After Doha
The Multilateral Trading System After Doha
 
Wto ppt
Wto pptWto ppt
Wto ppt
 
20090508 jwt+imf
20090508 jwt+imf20090508 jwt+imf
20090508 jwt+imf
 
World Trade Organization
World Trade Organization World Trade Organization
World Trade Organization
 
Unit 3 international business 6th semester bbm notes pdf
Unit 3   international business 6th semester bbm notes pdfUnit 3   international business 6th semester bbm notes pdf
Unit 3 international business 6th semester bbm notes pdf
 
world trade organization presentation - WTO
world trade organization presentation - WTOworld trade organization presentation - WTO
world trade organization presentation - WTO
 
TTIP: The Economic Analysis Explained
TTIP: The Economic Analysis ExplainedTTIP: The Economic Analysis Explained
TTIP: The Economic Analysis Explained
 
World economic orgs
World economic orgsWorld economic orgs
World economic orgs
 
WTO structure by Arun Verma
WTO structure by Arun VermaWTO structure by Arun Verma
WTO structure by Arun Verma
 
WTO Some Primary information and History
WTO Some Primary information and HistoryWTO Some Primary information and History
WTO Some Primary information and History
 

Destaque

Identifying foreign markets
Identifying foreign marketsIdentifying foreign markets
Identifying foreign marketsStudsPlanet.com
 
Vnz exhibitions and showrooms
Vnz exhibitions and showroomsVnz exhibitions and showrooms
Vnz exhibitions and showroomsHi House
 
Trade Fair - Trade Show - Trade Exhibition - Hannover Messe
Trade Fair - Trade Show - Trade Exhibition - Hannover MesseTrade Fair - Trade Show - Trade Exhibition - Hannover Messe
Trade Fair - Trade Show - Trade Exhibition - Hannover MesseSivaditya Gali
 
Dilli haat janakpuri
Dilli haat janakpuriDilli haat janakpuri
Dilli haat janakpuriBISHAL KHANAL
 
Exports & international markets
Exports & international marketsExports & international markets
Exports & international marketssachbatista
 
Urban Haat Navi-Mumbai case study.
Urban Haat Navi-Mumbai case study.Urban Haat Navi-Mumbai case study.
Urban Haat Navi-Mumbai case study.Sunjay Gangeria
 
HR Accounting
HR AccountingHR Accounting
HR AccountingAzad Khan
 
Role of international voluntary organisation
Role of international voluntary organisationRole of international voluntary organisation
Role of international voluntary organisationSuresh Murugan
 
Segmentation ,targeting and positioning samee
Segmentation ,targeting and positioning sameeSegmentation ,targeting and positioning samee
Segmentation ,targeting and positioning sameeSameeksha Bisht
 
Human resource accounting
Human resource accountingHuman resource accounting
Human resource accountingAishwarya PT
 
Euro currency market
Euro currency marketEuro currency market
Euro currency marketTehseen_Khan
 
Hr accounting
Hr accountingHr accounting
Hr accountingJothi Ram
 
WTO Trade Regulations
WTO Trade RegulationsWTO Trade Regulations
WTO Trade RegulationsMalik Adnan
 
Dilli haat presentation
Dilli haat presentationDilli haat presentation
Dilli haat presentationnishant011
 
Brand Segmentation
Brand SegmentationBrand Segmentation
Brand Segmentationzirram
 

Destaque (20)

export
exportexport
export
 
Identifying foreign markets
Identifying foreign marketsIdentifying foreign markets
Identifying foreign markets
 
Vnz exhibitions and showrooms
Vnz exhibitions and showroomsVnz exhibitions and showrooms
Vnz exhibitions and showrooms
 
Trade Fair - Trade Show - Trade Exhibition - Hannover Messe
Trade Fair - Trade Show - Trade Exhibition - Hannover MesseTrade Fair - Trade Show - Trade Exhibition - Hannover Messe
Trade Fair - Trade Show - Trade Exhibition - Hannover Messe
 
DILLI HAAT, Pitampura
DILLI HAAT, PitampuraDILLI HAAT, Pitampura
DILLI HAAT, Pitampura
 
Delhi haat
Delhi haatDelhi haat
Delhi haat
 
TRADE FAIR 2014
TRADE FAIR 2014TRADE FAIR 2014
TRADE FAIR 2014
 
Dilli haat janakpuri
Dilli haat janakpuriDilli haat janakpuri
Dilli haat janakpuri
 
Exports & international markets
Exports & international marketsExports & international markets
Exports & international markets
 
Urban Haat Navi-Mumbai case study.
Urban Haat Navi-Mumbai case study.Urban Haat Navi-Mumbai case study.
Urban Haat Navi-Mumbai case study.
 
HR Accounting
HR AccountingHR Accounting
HR Accounting
 
Role of international voluntary organisation
Role of international voluntary organisationRole of international voluntary organisation
Role of international voluntary organisation
 
Segmentation ,targeting and positioning samee
Segmentation ,targeting and positioning sameeSegmentation ,targeting and positioning samee
Segmentation ,targeting and positioning samee
 
Human resource accounting
Human resource accountingHuman resource accounting
Human resource accounting
 
Euro currency market
Euro currency marketEuro currency market
Euro currency market
 
Hr accounting
Hr accountingHr accounting
Hr accounting
 
WTO Trade Regulations
WTO Trade RegulationsWTO Trade Regulations
WTO Trade Regulations
 
Open Space - Delhi Haat
Open Space - Delhi HaatOpen Space - Delhi Haat
Open Space - Delhi Haat
 
Dilli haat presentation
Dilli haat presentationDilli haat presentation
Dilli haat presentation
 
Brand Segmentation
Brand SegmentationBrand Segmentation
Brand Segmentation
 

Semelhante a Wto mayank

Semelhante a Wto mayank (20)

181 Chapter 6Supranational Organizations and Intern.docx
181  Chapter 6Supranational Organizations and Intern.docx181  Chapter 6Supranational Organizations and Intern.docx
181 Chapter 6Supranational Organizations and Intern.docx
 
World trade organisation
World trade organisationWorld trade organisation
World trade organisation
 
International Business Dynamics by Nagarjun Reddy module 3
International Business Dynamics by Nagarjun Reddy module 3International Business Dynamics by Nagarjun Reddy module 3
International Business Dynamics by Nagarjun Reddy module 3
 
Governmental Influence On Trade
Governmental Influence On TradeGovernmental Influence On Trade
Governmental Influence On Trade
 
DOHA Round
DOHA RoundDOHA Round
DOHA Round
 
International Trade
International TradeInternational Trade
International Trade
 
Trade system
Trade systemTrade system
Trade system
 
International marketing
International marketingInternational marketing
International marketing
 
WTO
WTOWTO
WTO
 
inbr_e.pdf
inbr_e.pdfinbr_e.pdf
inbr_e.pdf
 
Wto described
Wto  describedWto  described
Wto described
 
Wto described
Wto  describedWto  described
Wto described
 
Wto, gatt
Wto, gattWto, gatt
Wto, gatt
 
Bashar H. Malkawi Dispute setttlement in eu association agreements with arab ...
Bashar H. Malkawi Dispute setttlement in eu association agreements with arab ...Bashar H. Malkawi Dispute setttlement in eu association agreements with arab ...
Bashar H. Malkawi Dispute setttlement in eu association agreements with arab ...
 
International Economics
International EconomicsInternational Economics
International Economics
 
Wto basics
Wto basicsWto basics
Wto basics
 
International Trade Agreements And How Governmental...
International Trade Agreements And How Governmental...International Trade Agreements And How Governmental...
International Trade Agreements And How Governmental...
 
The Practice Of Trade Before Gatt Essay
The Practice Of Trade Before Gatt EssayThe Practice Of Trade Before Gatt Essay
The Practice Of Trade Before Gatt Essay
 
Gatt
GattGatt
Gatt
 
Wto
WtoWto
Wto
 

Último

Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...IMARC Group
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003believeminhh
 
NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023Steve Rader
 
Human Resource Management Chapter 9: Performance Management and Appraisal
Human Resource Management Chapter 9: Performance Management and AppraisalHuman Resource Management Chapter 9: Performance Management and Appraisal
Human Resource Management Chapter 9: Performance Management and Appraisalgomezdominic3
 
Project Brief & Information Architecture Report
Project Brief & Information Architecture ReportProject Brief & Information Architecture Report
Project Brief & Information Architecture Reportamberjiles31
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsIntellect Design Arena Ltd
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsyasinnathani
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhangmcgroupjeya
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access
 
Entrepreneurship and individuals workshop
Entrepreneurship and individuals workshopEntrepreneurship and individuals workshop
Entrepreneurship and individuals workshopP&CO
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessAPCO
 
A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.mcshagufta46
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
7movierulz.uk
7movierulz.uk7movierulz.uk
7movierulz.ukaroemirsr
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...Khaled Al Awadi
 
Company Profile and SWOT Analysis Product List.pdf
Company Profile and SWOT Analysis Product List.pdfCompany Profile and SWOT Analysis Product List.pdf
Company Profile and SWOT Analysis Product List.pdfRobertPhillips265023
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Winbusinessin
 

Último (20)

Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
 
NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023
 
Human Resource Management Chapter 9: Performance Management and Appraisal
Human Resource Management Chapter 9: Performance Management and AppraisalHuman Resource Management Chapter 9: Performance Management and Appraisal
Human Resource Management Chapter 9: Performance Management and Appraisal
 
Project Brief & Information Architecture Report
Project Brief & Information Architecture ReportProject Brief & Information Architecture Report
Project Brief & Information Architecture Report
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking Applications
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story points
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhang
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024
 
Entrepreneurship and individuals workshop
Entrepreneurship and individuals workshopEntrepreneurship and individuals workshop
Entrepreneurship and individuals workshop
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
 
A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
7movierulz.uk
7movierulz.uk7movierulz.uk
7movierulz.uk
 
AL Satwa Dubai Call Girls +971552825767 Call Girls In AL Karama
AL Satwa Dubai Call Girls +971552825767  Call Girls In AL KaramaAL Satwa Dubai Call Girls +971552825767  Call Girls In AL Karama
AL Satwa Dubai Call Girls +971552825767 Call Girls In AL Karama
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
 
Company Profile and SWOT Analysis Product List.pdf
Company Profile and SWOT Analysis Product List.pdfCompany Profile and SWOT Analysis Product List.pdf
Company Profile and SWOT Analysis Product List.pdf
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024
 
Investment Opportunity for Thailand's Automotive & EV Industries
Investment Opportunity for Thailand's Automotive & EV IndustriesInvestment Opportunity for Thailand's Automotive & EV Industries
Investment Opportunity for Thailand's Automotive & EV Industries
 

Wto mayank

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.