Trade Policy since 1990s 

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Trade policy since the 1990s has been characterized by a shift towards greater liberalization and globalization, as countries around the world have sought to increase their participation in the global economy. This shift has been driven by a range of factors, including advances in technology, changes in global production patterns, and the growth of emerging economies.

Some of the key developments in trade policy since the 1990s include:

1. The Rise of Regional Trade Agreements: The 1990s saw the emergence of a new generation of regional trade agreements, such as the North American Free Trade Agreement (NAFTA) and the European Union (EU). These agreements aimed to promote greater economic integration between participating countries and to reduce trade barriers.

2. The Expansion of the World Trade Organization: The World Trade Organization (WTO) was established in 1995 to promote free trade and to provide a forum for negotiating and ______ _____ ____________ ______ _________ _________ __ ___ _____.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master of Arts in Political Science
Course Code : MPS
Subject Name : Australia?s Foreign Policy
Subject Code : MPSE 13
Year : 2023 2024