Accession to the WTO contributes to the growth of national income

9/12/2013 0:00

BAGHDAD - Shkran Fatlawi

Academy saw that there is a possibility to take advantage of the exceptions and exemptions granted by the World Trade Organization in the growth of real national income .

And consists of gross national income (GNI) of personal consumption expenditures and gross private investment and consumption expenditures of government, net income from assets abroad ( receipts, net income ) and total exports of goods and services , net of two components: the total imports of goods and services , and business tax indirect and includes the value of all the products and services that have been created within a country in a single year (ie , GDP ) , along with the net revenue received from other countries (notably interest and dividends )

The researcher said the flames Thomas "morning" that the organization aims to achieve the freedom of international trade Elimination of image discriminatory treatment with respect to Banciabha and remove all restrictions and obstacles and barriers that would prevent the flow of trade across countries . , And pointed out that the other goals is to raise the standard of living Member States and seek to achieve the levels of employment (operating full ) of the Member States - activation of effective demand - raising the level of real national income - the optimum utilization of the resources of the global economic - to encourage the movement of production, capital and investment - easy access to markets and sources of primary resources - reducing barriers and quantitative customs to increase the size of the international trade.

It should be noted that Iraq had an advanced strides in his quest to join this international organization .


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