Trade) were signed. These led the way to regulating trade by lowering tariffs and trade barriers (Irwin, 1995, pp.6). These treaties lead governments in the international arena to other discussions about restricting governments from using protectionist policies to limit trade. These new discussions that have been going on for the latter part of the 20th centaury are starting to limit the roles that governments and nations have in trade and business inside their country. With the advent of free trade being pressed by various internal non-governmental organizations and international institutions the political sovereignty of Nation-States is in jeopardy.
Through the twentieth centaury international relations became ever more important as means of communications and transportation became quicker and more efficient. Through this progression, trade of massive amounts of goods between countries became a reality. This meant that norms and regulations would have to be established by countries to control this trade. As the world got closer to the 21st centaury the growing loss of the sovereignty of nations grew more rapidly. First with GATT, which was "policed" by the international institution the ITO, and cut tariffs and trade barriers limiting the degree that governments can protect their economies. In the latter parts of the 20th centaury the ITO wa
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