This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Dumping is the act of selling a product abroad at a very low price o More serious an embargo imposes a total ban on importing a specified product. o Exchange controls through central banks or government agencies regulate the buying and selling of currency to shape foreign exchange in accordance with national policy Reducing Barriers to International Trade Organization Promoting International Trade o GATT (General Agreement on Tariffs and Trade o WTO (The World Trade Organization) succeeded GATT o Representatives from 151 countries o Reduce tariffs and promote trade o World Bank o IMF (International Monetary Fund)...
View Full Document
This note was uploaded on 09/27/2011 for the course ECON 101 taught by Professor Gottlieb during the Spring '08 term at Rutgers.
- Spring '08