Evaluation Of The World Trade Organization Essay

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Mariam Otobo


POLI SCI 3369F 570

Dr. Thomas Tieku

Monday 31st October 2016

Research Background
The World Trade Organization (WTO) is the international body whose objective is to ensure open trade and liberalize world trade across its member countries. The organization is the successor to the General Agreement on Tariffs and Trade (GAAT) that was remarkably successful in the liberalization of trade. WTO was formed as a response to calls for a stronger multilateral organization that would not only monitor trade but also resolve trade disputes. The launching of WTO symbolized a new era in international trade and relations. The body’s Secretariat is located in Geneva Switzerland, and it began its operations in January 1995.
It is important to assess the performance of WTO since the start of its operations. To do this, it is crucial to understand the mandate of the organization. WTO has six key objectives that include setting and enforcing rules that relate to international trade, act as a forum for negotiating and monitoring trade liberalization, and resolving trade disputes. Other roles include increasing transparency in the global economic decision-making process, liaising with the international institutions that are involved in global economic matters, and lastly, ensuring that developing countries benefit from global economic operations. With this background information, this study

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