can you give me a brief history of the WTO. How does the WTO promote international trade? Why do some people believe that the WTO is unethical? What obstacles stand in the way of WTO success?
The GATT or the General Agreement on Tariffs and Trade is the predecessor of the World Trade Organization. The GATT governed international trade till the World Trade Organization was established in 1995. Even now the GATT continues to be the umbrella treaty for goods. The sixth ministerial conference of the World Trade Organization was held from 13-18 December 2005 at Hong Kong (1). The Doha development agenda sought to phase out all agricultural subsidiaries by 2013. By 2006 export subsidies were to be terminated. One of the ...
This response presents a discussion on World Trade Organization.