2006-11-24 09:31:04 · 6 answers · asked by tash 2 in Social Science ➔ Economics
You probably mean the "G7." These were the seven countries with the largest economies: United States, Germany, Britain, Italy, France, Canada, and Spain. Representatives from each country would meet periodically to set economic policy.
As Russia moved more and more into a market economy, it demanded to become part of the group. In the early 2000's, it became part of the "G8."
The G7 really controlled the GATT -- General Agreement on Trade and Tariffs -- which essential regulated world trade.
GATT was replace by the WTO -- World Trade Organization -- which is the powerful force behind globalization.
2006-11-24 15:28:02 · answer #1 · answered by Goethe 4 · 0⤊ 1⤋
7am-7pm, are you talking about economy 7, central heating?
2006-11-24 17:34:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
What the hell are you talking about?
2006-11-24 17:32:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
why cant people write questions that can be understood?
2006-11-24 17:33:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋
11pm to 07am is standard.
2006-11-24 17:33:15 · answer #5 · answered by Anonymous · 1⤊ 0⤋
dont understand your question?
2006-11-24 17:32:35 · answer #6 · answered by Anonymous · 0⤊ 0⤋