1. Econ Teaser #1 Is it possible for the price level to go up at the same time inflation is going down?

2. International trade Organisation GATT WTO 1995 – World Trade Organisation

3. Aims To promote international trade Economic development Ensure that trade happens smoothly, freely Settle trade disputes Implementation of trade policies

4. WTO – successes & Failures http://www.wto.org/ http://articles.economictimes.indiatimes.com/2012-06- 26/news/32424988_1_poultry-products-avian-influenza-poultry-exporters http://articles.economictimes.indiatimes.com/2012-06- 26/news/32424988_1_poultry-products-avian-influenza-poultry-exporters