Introduction to Business

The Chamber of Commerce and Industries The co-operative society which is formed by the business persons and industrialists of any particular area with the view…

Common and Popular Free Trade Agreements Many other countries are negotiating or implementing free trade agreement or a bilateral or multilateral basis. For example, Mexico,…

Functions of Organization of Petroleum Exporting countries (OPEC) The Organization of the Petroleum Exporting Countries (OPEC) is a group consisting of 14 of the world’s…

Organization of petroleum Exporting countries (OPEC) OPEC is an example of a producer cartel that cartel relies on quotas to influence prices. It is a…

Asia Pacific Economic Cooperation (APEC) Asia Pacific Economic cooperation (APEC) was formed in November 1989 to promote multilateral economic co-operation in trade and investment in…

Association of Southeast Asian Nations (ASEAN) The Association of Southeast Asian Nations (ASEAN) was established in August 1967 to promote regional political and economic co-operation.…

Objectives of the South Asian Preferential Trade Agreement (SAPTA) The main objective of the South Asian Preferential Trade Agreement (SAPTA) agreement was to reduce the…

Advantages of South Asian Preferential Trade Agreement (SAPTA) South Asian Preferential Trade Agreement (SAPTA) agreement was foamed to gain the business facility from the member…

South Asian Preferential Trade Agreement (SAPTA) In 1991 the meeting of SAARC was held in Sri Lanka and by this meeting the representatives of member…

Expansion of North American Free Trade Agreement (NAFTA) North American Free Trade Agreement (NAFTA) which includes Canada, Mexico, and the United States of America went…