Gbp test 1 chapters 1 5 Study guides, Class notes & Summaries
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GBP Test 1: Chapters 1-5 Questions & Answers 2023/2024
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GBP Test 1: Chapters 1-5 Questions & Answers 2023/2024 
 
describe the WTO - ANSWER--began in 1948 under GATT 
--liberalized trade by lowering/removing barriers 
-headquartered: Geneva 
-promotes global trade by: administering trade agreements; forum for negotiations; settling disputes; reviewing national trade policies 
 
define globalization - ANSWER-the socioeconomic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries 
-in...
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