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Other Papers on :International Trade
The following research paper is devoted to analysis of the role played by WTO and its predecessor GATT in promoting the world trade. Particular focus is given to discussion of empirical evidence and theoretical underpinnings of world trade promotion. The essay answers following questions: How successful was WTO and GATT in liberalization of the world trade? Do countries benefit from becoming WTO Members? What are the current challenges of accommodating developing countries in WTO? What makes WTO negotiations so difficult?
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