Gats Agreement Ppt

Economic importance. SERVICES. Share of output and employment. Economic importance SERVICES • Share of output and employment Between less than 30 and more than 70 per cent, depending on the structure of resources and the level of development of an economy • Share in total world trade About 20 per cent, based on BOP (does not account for the total value of trade by commercially present foreign suppliers) Specific commitments in the schedules set out in Part III of the GATS ( art…