General Agreement on Tariffs and Trade (GATT) brought about an orderly development of the International trade. It established a forum for continuing consultations. It brought to the conference
Functions of GATT In fulfillment of its objectives, GATT adopted certain measures. These may be discussed under the following headings. Most favored nation clause Trade negotiations Tariff and
The following are the non tariff measures of General Agreement on Tariffs and Trade (GATT) for effective international discipline and favorable treatment for developing countries. Non-Tariff measures of
The World Bank recommended the establishment of an International Trade Organization (ITO). Instead of ITO, General Agreement on Tariff and Trade (GATT) was formed in 1948. Objectives of
Certain institutions have been established exclusively for the purpose of quality control and inspection in India. These include export inspection council, export inspection agencies, Bureau of Indian Standards,
Standardization disregards marked differences in markets. The following are the strong reasons for adopting standardization. Why is standardization adopted in International Marketing? 1. Socializing forces prevailing worldwide are
The World Trade Organization (WTO) is more powerful than General Agreement on Tariffs and Trade (GATT) with enlarged functions in dealing with world economic affairs. Hence, the WTO
Merits or advantages of observation in marketing research Observation is employed as a data-gathering technique in overseas market research. It has become the most refined modern research technique.
What is observation in marketing research? Observation is a natural way of gathering data. It is recognized as a scientific procedure. It is the direct means of studying
International Development Association (IDA) came into force in November 1969 as an affiliate and complementary institution of the World Bank. This institution was created to provide loans to