Lecture on WTO and Regional Economic Integrations
Lecture on WTO and Regional Economic Integrations
Subject: Economics | Topics:

The GATT applied only to trade of goods, while the WTO included rules on trade of services in the General Agreement on Trade in Services (GATS) and on international application of property rights in the Trade Related Intellectual Property Rights (TRIPS).The WTO has a new “dispute settlement” legal procedure designed to reach judgments in a much shorter time.

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