Economic and Law

The essence of the GATT and the WTO

The idea of ​​establishing an international organization designed to regulate international trade, was made before the end of World War II. Mainly by the U.S. and the UK in 1944 at a conference in Bretton Woods were based International Monetary Fund and the International Bank for Reconstruction a ...
 

International trade blocs

Trade bloc - a free trade area in several countries adhering to one or more agreements on taxes, tariffs and trade. Usually trading blocs have their administrative authorities and regulatory bodies. Some trade blocs also put political goals. There are many types of trading blocs among which are: ...
 
 

The essence of the policy of protectionism and free trade

Historically, there are various forms of state protection of national interests in the struggle for world markets, which determine trade policies of individual countries. The most well known policy of protectionism (defense) and free trade (complete freedom of trade). With a light hand of Ada ...
 

Factors influencing the development of international trade

The need for international trade due to the following factors: First, the formation of the global market as one of the historical background of the capitalist mode of production; Second, the uneven development of individual sectors in different countries and its products are the fastest g ...
 
 

The essence of international trade

International trade - the exchange of goods and services between different countries associated with the general internationalization of economic life and the intensification of the international division of labor in the scientific and technological revolution. International trade - trade acr ...
 

Current trends in the international division of labor

Under the influence of MRI in the global economy is undergoing significant change, and at the same time the very processes of the international division of labor also change their content based on changing environmental conditions. 1. Under the influence of scientific and technological revolu ...
 
 

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