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The influence of the WTO on Bulgaria

An essay by Jochen Raab
International Business 3
Matrikelnr. 803185

With reference to the WTO's trade policies, explain how they have helped or hindered the development of international trade in Bulgaria.

Bulgaria is located at the Black Sea, neighboring Romania, Yugoslavia, Macedonia, Greece and Turkey. Its capital is Sofia. Bulgaria's industries consisted mainly of agriculture until 1947. After World War II, under a communist regime, all existing industry was nationalized, with heavy industry set to first priority. After 1992 privatization and market reforms began, creating many jobs in especially the service sector. The GDP in 2000 was US$ 11 995 Mill, divided into service 57.7%, industry 27.8% and agriculture 14.5%. The majority of the exported goods are delivered to the republics of the former USSR and other eastern European states. The significant Western Europe trade partners are Italy, Greece and Germany. Bulgaria's main export......



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Title: Influence Of The Wto On Bulgaria
Approximate Word Count: 1829
Approximate Pages: 8 (250 words per double-spaced page)

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