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it s about what WTO did to improve international economies

2006-12-25 02:40:16 · 5 answers · asked by hisha abu 1 in Social Science Economics

5 answers

Countries choose to join the WTO. The WTO is an organization that has the goal of improving trading relationships among countries.

So, I think we can then conclude that countries that belong to WTO are those countries that wish to better themselves by become more integrating with other countries through international trade.

2006-12-25 02:49:34 · answer #1 · answered by Allan 6 · 1 0

The WTO is one major channel through which countries interact. It can show a lot about the international economy, I'm sure!

One point you may like to consider using is that when anti-dumping rules or agreements (not sure) were passed, it was envisaged that the rich countries would use these laws to stop poor countries dumping goods on their markets. Dumping means selling a product abroad at a price lower than the price in the domestic market. It could be done, for instance, by one country to drive another country's industry in that product out of business. The laws have been used MORE OFTEN by poor countries who complain rich countries dump goods on their markets!

2006-12-26 15:42:46 · answer #2 · answered by rage997 3 · 0 0

WTO does not reflect the international economy at all. Most of international trade in the world occurs within Europe, which, incidentally, doesn't really need WTO because it has the common market...

2006-12-26 04:01:56 · answer #3 · answered by NC 7 · 1 1

prety much, if you want to see its impact on the world you can read the politic confrontaions on chines clothing import issues in news. the wto is changing the face of the world, it is true that it is primirly about the tarifs and trade, but it accelerate the globalization proccess and it has deep impact on culture and politics as well as trade.

2006-12-25 03:01:36 · answer #4 · answered by Anonymous · 0 0

France is an boastful caught up usa which if it weren't for us on a minimal of two social gathering that usa does not even exist immediately. yet we don't hate them... purely dislike their non shaving weekly bathing society. Hate is a powerful be conscious and could no longer be used... it quite is a liberal innovations physique and not a conservative one. We might unlike somebody yet hate them.... no longer lots.

2016-12-18 18:52:28 · answer #5 · answered by Anonymous · 0 0

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