Understanding the wto: basics what is the World Trade Organization? Simply put



Download 18.73 Kb.
Page1/5
Date19.06.2021
Size18.73 Kb.
  1   2   3   4   5

UNDERSTANDING THE WTO: BASICS
What is the World Trade Organization?

Simply put: the World Trade Organization (WTO) deals with the rules of trade between nations at a global or near-global level. But there is more to it than that.

Is it a bird, is it a plane? 

There are a number of ways of looking at the WTO. It’s an organization for liberalizing trade. It’s a forum for governments to negotiate trade agreements. It’s a place for them to settle trade disputes. It operates a system of trade rules. (But it’s not Superman, just in case anyone thought it could solve — or cause — all the world’s problems!)






Share with your friends:
  1   2   3   4   5




The database is protected by copyright ©essaydocs.org 2020
send message

    Main page