International Trade and Investment
write 400–600 words that respond to the following questions with your
thoughts, ideas, and comments. Be substantive and clear, and use
examples to reinforce your ideas:
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?
Choose a recent dispute between 2 countries, and discuss it with your peers. Include the following:
- Summary of what happened
- How it was resolved
- Role played by the WTO
- Do you agree with the resolution?
Answer Preview
The world trade organization is a body that deals with the worldwide rules, procedures and policies of trade between countries ensuring that trade is carried out smoothly and freely without disputes. It was established in January 1995 through the Marrakesh agreement which was agreed and signed by 123 countries. It has its headquarters in…
(560 Words)