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CHAPTER 18. WTO

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4.1. (The world trade organization) What is the World Trade Organization (WTO) and how does it help foster multilateral trade? (Check the web WTO Web site at http://www.wto.org/.)

5.2. (arguments for trade restrictions) Firms hurt by cheap imports typically argue that restricting trade will save U.S. jobs. What's wrong with this argument? are there ever any reasons to support such trade restrictions?

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CHAPTER 18. WTO
4.1. (The world trade organization) What is the World Trade Organization (WTO) and how does it help foster multilateral trade? (Check the web WTO Web site at http://www.wto.org/.)
The World Trade organization is an international organization that intends to liberalize international trade. The WTO replaced the General Agreement on Tariffs and Trades. The WTO regulates trade between member countries, provides a framework for negotiating and formalizing trade agreements, and provides a process for dispute resolution. The WTO endeavors to enforce its members compliance with agreements relating to trade. WTO is unique ...

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