THE 10 BENEFITS OF THE WTO

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Issue:

Business

 

Written by:

Taylor B

 

Date added:

December 3, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 1048

 

Was viewed:

2592 times

 

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Essay content:

The system is important as a confidence-builder as well. Governments are confident that others will not raise their trade barriers so they will also be in a better frame of mind to cooperate with each other. 2. The system allows disputes to be handled constructively More trade means more possibilities for disputes to arise...
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But in reality, a lot of international trade tension is reduced because countries can turn to organizations to settle their trade disputes. When they bring disputes to the WTO, the WTO's procedure focuses their attention on the rules then countries concentrate on trying to comply with the rules. There is a clear basis for judging who is right or wrong...
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