Why Has Wal-Mart Viewed International Expansion As A Critical Part Of Its Strategy?

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Issue:

Business

 

Written by:

Sylvia S

 

Date added:

January 1, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 532

 

Was viewed:

9217 times

 

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Essay content:

Some historians have argued that the failure may have resulted from fears within the American business community that the International Trade Organization could be used to regulate, rather than liberate, big business (Lisa Wilkins, 1997; Helen Milner 1993). Only one element of the ITO survived: the General Agreement on Tariffs and Trade (GATT)...
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Seven rounds of negotiations occurred under GATT before the eighth round - the Uruguay Round - concluded in 1995 with the establishment of the WTO as the GATT's replacement. The GATT principles and agreements were adopted by the WTO, which was charged with administering and extending them. Unlike the GATT, the WTO has a substantial institutional structure...
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