Multilateral trading system

1- Is a multilateral trading system based on World Trade Organization rules preferable to trade regulated by bilateral treaties between governments? Why is trade between the OIC states so limited? 2- How could Saudi Arabia, Turkey and Indonesia promote the interest of the Islamic World within the G20? Answer 1 a) As a consequence of globalization the world requires international coordination and become the model of multi-level governance, needs increased economic interdependence and the…

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