Posted inEconomics BRICS Posted by By PM IAS Admin August 10, 2024 BRICS is an acronym for a group of five major emerging economies: Brazil, Russia, India,…
Posted inEconomics FREE TRADE AGREEMENTS Posted by By PM IAS Admin August 10, 2024 Free Trade Agreements (FTAs) are agreements between countries that aim to reduce or eliminate barriers…
Posted inEconomics TYPES Posted by By PM IAS Admin August 10, 2024 World trade agreements are essential mechanisms for regulating and facilitating international trade among countries. They…
Posted inEconomics TRADE AGREEMENT Posted by By PM IAS Admin August 10, 2024 In economics, a trade agreement refers to a formal arrangement between countries or trading blocs…
Posted inEconomics BALI PACKAGE AND TRADE FACILITATION AGREEMENT Posted by By PM IAS Admin August 10, 2024 The Bali Package and the Trade Facilitation Agreement (TFA) are significant outcomes of the World…
Posted inEconomics WTO AGREEMENTS/ PACKAGES/ TREATIES Posted by By PM IAS Admin August 10, 2024 The World Trade Organization (WTO) oversees a comprehensive system of agreements and treaties that regulate…
Posted inEconomics TARIFF PARTIES Posted by By PM IAS Admin August 10, 2024 1. General Agreement on Tariffs and Trade (GATT) Overview Function: The GATT was the primary…
Posted inEconomics FUNCTIONS Posted by By PM IAS Admin August 10, 2024 The World Trade Organization (WTO) plays a pivotal role in governing international trade. Its functions…
Posted inEconomics STRUCTURE Posted by By PM IAS Admin August 10, 2024 The World Trade Organization (WTO) is an international organization that deals with the global rules…
Posted inEconomics CRITICISM OF WB AND IMF Posted by By PM IAS Admin August 10, 2024 Both the World Bank and the International Monetary Fund (IMF) have faced significant criticism over…