What Is The Difference Between GATT And The WTO? - Making Politics Simple скачать в хорошем качестве

What Is The Difference Between GATT And The WTO? - Making Politics Simple

What Is The Difference Between GATT And The WTO? In this informative video, we’ll clarify the distinctions between the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). We will outline the origins of both entities, highlighting how GATT was established to reduce trade barriers among nations and how it functioned without a formal structure. We’ll also discuss the transition to the WTO, which took over GATT’s responsibilities and introduced a more robust framework for managing international trade. We’ll explore the scope of each organization, noting how GATT focused solely on trade in goods, while the WTO has expanded to include services and intellectual property rights. This shift reflects the changing dynamics of global trade and the complexities involved. Additionally, we will cover the differences in dispute resolution mechanisms and decision-making processes between GATT and the WTO. Understanding these distinctions is vital for anyone interested in international relations and trade agreements. Join us for this detailed discussion, and don’t forget to subscribe to our channel for more engaging content on politics and global issues. ⬇️ Subscribe to our channel for more valuable insights. 🔗Subscribe: https://www.youtube.com/@MakingPoliti... #GATT #WTO #GlobalTrade #TradeAgreements #InternationalRelations #TradeBarriers #DisputeResolution #TradeInGoods #IntellectualProperty #TradeServices #EconomicPolicy #TradeNegotiations #WorldTrade #GlobalEconomy #TradeLaw #InternationalTrade About Us: Welcome to Making Politics Simple! Our channel is dedicated to breaking down complex political concepts to help you understand the world of politics effortlessly. We cover a wide range of topics, from government structures and political ideologies to current events and democratic processes. Whether you're a seasoned political enthusiast or just starting to explore, our friendly and engaging approach makes learning about politics enjoyable for everyone.