3.2 Flashcards

1
Q

Pakistan joining WTO

A

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

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2
Q

Effect of Pakistan joining WTO

A

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

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3
Q

IMF
WTO
World Bank

A

International Monetary Fraud
Currency balancing/loans

World Trade Organisation
Promotes free trade/loans

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4
Q

Trade Bloc

A

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.

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