27,652
edits
Changes
Jump to navigation
Jump to search
Line 40:
Line 40: − + Line 46:
Line 46: − It included lowering of custom duties and tariffs.+ − +
→Trading System Principles
==Trading System Principles==
==Trading System Principles==
The principles of WTO agreements are the basis of the mutual trading arrangement that has occurred between traders who deal with textiles, agriculture, telecommunications, banking, etc. They are:
The principles of WTO agreements are the basis of mutual trading arrangements that occur between traders who deal with textiles, agriculture, telecommunications, banking, etc. They are:
===Trade sans discrimination===
===Trade sans discrimination===
===Freer trade===
===Freer trade===
Including the lowering of custom duties and tariffs.
===Predictability===
===Predictability===
Binding and transparency in the trades makes it more predictable and hence increases the benefits.
Binding deals and transparency in the trades make it more predictable and hence increase the benefits.
==The case for Open Trade==
==The case for Open Trade==