International trade for dummies
International Trade (Unit 7, Lecture 1) - Duration: 36:51. Tyler Watts 29,849 views Overview: a navigational guide. The WTO agreements cover goods, services and intellectual property. They spell out the principles of liberalization, and the permitted exceptions. They include individual countries’ commitments to lower customs tariffs and other trade barriers, and to open and keep open services markets. International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship