In 1990, global service exports totaled about $370 billion, approximately 20% of world trade. Still no coherent, system of rules, principles and procedures exist govern trade in services.

In 1990, global service exports totaled about $370 billion, approximately 20% of world trade. Still no coherent, system of rules, principles and procedures exist govern trade in services. Correct Answer Regulatory system lag behind the reality of service exports

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