World Trade Organization And Its Critics
The World Trade Organization and Its Critics
Contents
What is the WTO? 2
How the WTO is Organized 5
Decision Making Process 6
Non Effective System 7
Dominant Critics 8
Complaints 11
Goals 12
Structure 13
Positive Responses 14
Should the WTO be abolished? 16
Bibliography 19
THE WTO AND ITS CRITICS
CASE STUDY
What is the WTO?
The World Trade Organization (WTO) was established and incorporated in January 1st 1995 at the amendment of the General Agreement on Tariff and Trade (GATT) in 1994 with the aim of regulating international trade. The creation of this organization clearly underscored the acceptance and commitment of trade liberalization by most of the international communities. Upon signing and ratifying the WTO Agreement, each member state of the WTO committed itself through a series of agreements to ultimately liberalize its trade in goods, services and trade-related aspects of intellectual property rights. Each member state signed the WTO Understanding on......
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Approximate Word Count: 3933
Approximate Pages: 16 (250 words per double-spaced page)
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