3.2 Flashcards
Pakistan joining WTO
1995 paki, joined wto. to comply with wto trade rules, paki opened fishing grounds
before paki enforced 200 mile exclusion zone around coast
designed only for paki fishing boats
Effect of Pakistan joining WTO
deep-sea trawlers owned by tncs were allowed to fish in paki coast.
2013, charity, ActionAid, published report called ‘Taking the Fish’. Paki fish stocks were falling dangerously low levels
IMF
WTO
World Bank
International Monetary Fraud
Currency balancing/loans
World Trade Organisation
Promotes free trade/loans
Trade Bloc
A trading bloc is a type of intergovernmental agreement where barriers to international trade are reduced or eliminated among the participating states, allowing them to trade with each other as easily as possible.