World Trade Organisation (WTO)
Cite as https://mymun.com/ppdb/18458
P. Sai harshita
Nuclear wars, surgical strikes, air strikes, terrorist attacks etc are these the only means of war? No they are not the only means to portray then inconvenience between the different countries there are other ways to do so, in economic prospect or view the countries try to impose trade barriers between each other and so we come to “trade wars”. Now the question arises, are trade wars good for the world? The answer is simple and straight, it is an obvious no .
STATEMENT OF PURPOSE:
The stated problem is to decrease the trade war tensions and increase the world peace by “assessment of trade barriers” of different countries and follow up for the solution of the same.
NATIONS HISTORY I RELATION TO THE ISSUE:
Italy is the 7th largest export economy in the world and the 20th most complex economy according to the Economic Complexity Index (ECI). In 2017, Italy exported $482B and imported $441B, resulting in a positive trade balance of $40.8B. In 2017 the GDP of Italy was $1.93T and its GDP per capita was $39.4k.