World Trade Organization
Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organization keeps the global economy stable.
- What is the WTO, and what is its history?
- What are the benefits of being a member of the WTO?
- What are the disadvantages?
- How does it settle disputes?
…………….Answer preview…………
The world Trade Organization (WTO) is referred as the organization that deals with various rules of trade that exist between nations at a global lever or near the global level. This organization was born out of having general agreement on the Tariffs and Trade (GATT) that was established in the year 1947. As matter of fact, GATT trade negotiations started at the end of the world war 11. Their main goals were to reduce tariffs for facilitation of the global trade on various goods……………
APA
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