Everything that you should know about the World Trade Organization (WTO)

World Trade Organization (WTO) as the name suggests, is the organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as¬†smoothly, predictably and freely as possible. But why do nations trade? Whatever happened to Swadeshi and self sufficiency?¬† Different factor endowments – simplest and obvious logic … Continue reading Everything that you should know about the World Trade Organization (WTO)