International Business

Main Objectives of WTO – World Trade Organization

The purpose of the objectives of the WTO is spelled out in the preamble to Marrakesh Agreement. In a nutshell, these are : To ensure… Read More »Main Objectives of WTO – World Trade Organization

Structure of WTO – World Trade Organization

The Organizational structure of the WTO is outlined in the following chart. The Ministerial Conference (MC) is at the top of the structured organization of… Read More »Structure of WTO – World Trade Organization

Features of WTO – World Trade Organization

The distinctive features of WTO – World Trade Organization are : Unlike the GATT, it is a legal entity. Unlike International Monetary Fund (IMF) and… Read More »Features of WTO – World Trade Organization

Major Difference Between GATT and WTO

The General Tariff and Trade Agreement (GATT) was signed in 1947 to facilitate foreign trade, liberalize policies and abolish tariffs. GATT is a multilateral agreement… Read More »Major Difference Between GATT and WTO

WTO – World Trade Organization

The WTO or World Trade Organization is a body comprises of governments controlling international trade among nations. WTO began its operation on 1st January 1995… Read More »WTO – World Trade Organization

Types of International Business

There are number of ways for internationalization / globalization of business. these are referred as foreign market entry strategies. Each of these ways has certain… Read More »Types of International Business

Problems in International Business

There are many Problems in International Business. The restraining forces slow down the progress of companies that take up International Business. The restraining forces are… Read More »Problems in International Business

Main Difference Between Domestic and International Business

Main Difference Between Domestic and international Business are as follows : S.No International Business Domestic Business 1. It is extension of Domestic Business and… Read More »Main Difference Between Domestic and International Business

International Business

The Technology era since the last two decades is bringing a fundamental shift in business around the globe. The national economies are opening up and… Read More »International Business