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Implications of Telecommunication commitments of Pakistan in WTO/GATT

Some people do not see international trade favourably: here a child protests against the WTO in Jakarta. (Photo credit: Wikipedia ) Proposal Background of the Study The birth of the World Trade Organization (WTO) eleven years ago was to serve the purpose of having a formal entity with extensive responsibility in international economic affairs.  Sampson, (2001) stated that the WTO is undeniably a major player in the field of global governance, and its rules and processes will profoundly affect the future economic and political orientation of its member-countries. The WTO was established to perform very significant functions: freer trade among member-countries, a conventional set of rules in the conduct of global trade transactions and as a mediator between international trade conflicts.             The humongous responsibility put upon the organization has been faced with criticisms over the years.  Critics c...

a study concerning the impact of global financial crisis to the SMEs in Singapore

English: Secretary Geithner met with Mexican Finance Minister Agustin Carstens at the U.S. Department of the Treasury on February 9, 2009 to discuss strengthening U.S.-Mexican economic and financial cooperation and to exchange views on the U.S. and Mexican responses to the global financial crisis. (Photo credit: Wikipedia ) International Business Environment RATIONALE Every business endeavour or venture is constantly faced with financial management problems to which the owner or manager should be able to attend to in order to take the business to success especially during the times of crisis that the global communities are facing. Thus, key financial decisions normally confronts the managers in issues and problems that concerns financial investments they usually provide answer to the problems regarding the assets on which the company of firm needs to put money and how a chosen investment should be financed. With this consideration, we may say that the current credit crunch...