GATS AgreementGats Agreement • October 2nd, 2021
Contract Type FiledOctober 2nd, 2021Trade agreement, any contractual arrangement between states concerning their trade relationships. The volume of international trade in services has grown rapidly over recent decades and, in fact, has outpaced growth in goods trade. Over the period 1980 to 2011 global goods trade grew on average by 7.3% annually, while services trade grew by 8.2% per year (WTO 2013). Over the same period many developed countries experienced rapid growth in immigration.