IN A GLOBALIZED WORLD TRADE
Trade and globalization have brought many benefits to countries and their citizens because they allow countries access to more efficient production, increased labor productivity, supported extending the knowledge and new technologies planetary scale, and rich assortment of products to which population access. Also, through the multilateral trading system has been a significant reduction of customs protectionism, have mitigated the effects of non-tariff barriers, trade policy measures have become more predictable, leading to lower production costs, improve the quality of products sold and to widening choice of products to consumers.
Year of publication: |
2012
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Authors: | Ditescu, Daniela |
Published in: |
Annals of University of Craiova - Economic Sciences Series. - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1223-365X. - Vol. 1.2012, 40, p. 202-207
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Publisher: |
Facultatea de Economie şi Administrarea Afacerilor |
Subject: | globalization | international trade system | institutionalization | trade liberalization | WTO |
Saved in:
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