Posted inInternational Business Management
Global Competitiveness
The International Institute for Management Development defines competitiveness as "a field of economic knowledge which…
Posted inInternational Business Management
Modern Theories
There are many theories and concepts associated with international trade. When companies want to go…
Posted inInternational Business Management
Global Trade – Major Challenges
Global trade and investment or broadly, globalization, is a common market condition for all countries of the…
Posted inInternational Business Management
Role of Developing Countries
Developing countries usually don’t have the muscle to negotiate in the international markets and they…
Posted inInternational Business Management
Role of WTO in Promoting International Trade
WTO promotes business liberalization and economic globalization. It has implemented a substantial decline in tariff…
Posted inInternational Business Management
Reasons behind the Formation of WTO
On 1st January, 1995, the World Trade Organization replaced GATT. The reasons for GATT being replaced…
Posted inInternational Business Management
World Trade Organization
The World Trade Organization (WTO) is the single global international organization dealing with the rules…
Posted inInternational Business Management
What is International Business?
Meaning International Business conducts business transactions all over the world. These transactions include the transfer…
Posted inInternational Business Management
Role of GATT in Promoting International Trade
GATT’s role was instrumental in the following aspects − ● GATT formulated standards to direct the contracting…
Posted inInternational Business Management
GATT – Major Principles
GATT’s major principle was trade without discrimination. The participating nations opened the markets impartially to every other…