Introduction The World Trade Organization (WTO) is the principal international institution governing global trade. Established in 1995 as the successor to the General Agreement on Tariffs and Trade (GATT), the WTO was created to provide a structured and rules-based framework for international commerce. Its core objective is to promote free, fair, and predictable trade among…
Introduction Globalization refers to the increasing interconnectedness and interdependence of economies, societies, and cultures across the world through trade, investment, technology, and the movement of people. Over the past few decades, globalization has emerged as one of the most transformative forces shaping the economic landscape of developing countries. Institutions such as the World Trade Organization,…
Globalization has become one of the most influential forces shaping the international economic system in the modern era. It refers to the increasing interconnectedness of countries through trade, investment, technology, migration, and cultural exchange. Over the last few decades, globalization has transformed the structure of the world economy by integrating national markets into a global…