Corporate divestiture represents an important component of a firm’s strategy. Divestment takes different forms and is usually undertaken for a variety of general and firm-specific reasons. The objective of this paper is to provide an overview and assessment of the current consensus on the...

General Agreement on Tariffs and Trade (GATT) was transformed into World Trade Organization (WTO) in 1995. Since then, WTO has tried to build a global Multilateral Trading System keeping away the concept and practice of regionalism out of the globe. In 2011, WTO initiated Doha Development Round...