The World Trade Organisation is an organisation of the United Nations, was founded in 1995 and has its headquarters in Geneva. This organisation creates the rules for global trade and economic relationships and acts as an intermediary in a dispute between two countries.
Others may be fronts for political, religious or other interest groups.fish, forests and water), if not overexploited, can regenerate.Non-renewable resources, are understood to include traditional fuels such as oil, coal and natural gas and mineral resources.The term non-governmental organization (NGO) normally refers to organisations that are neither a part of a government nor conventional for-profit businesses.Usually set up by ordinary citizens, NGOs may be funded by governments, foundations or businesses.
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Multinational companies increasingly move their production to these countries.Low-wage countries are countries whose economic power is largely based on low-wage workers, in addition, these countries are characterized by low levels of education, high unemployment and a lack of social standards.This term describes the fact that wealth is not distributed evenly: the rich are getting richer and the poor are therefore getting poorer. This may be the case both within a country and internationally.These are companies that are active beyond the borders of their headquarters’ countries, in the other countries and produce or invest there.
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