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Essay specific features
Written by:
Marcy H
Date added:
March 18, 2017
Level:
University
Grade:
A
No of pages / words:
42 / 11588
Was viewed:
503 times
Rating of current essay:
Essay content:
The WTO came into being on 1 January 1995, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1947, and continued to operate for almost five decades as a de facto international organization.
The World Trade Organization deals with the rules of trade between nations at a near-global level; it is responsible for negotiating and implementing new trade agreements, and is in charge of policing member countries' adherence to all the WTO agreements, signed by the majority of the world's trading nations and ratified in their parliaments...
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Most of the issues that the WTO focuses on derive from previous trade negotiations, especially from the Uruguay Round. The organization is currently working with its members on a new trade negotiation called the Doha Development Agenda (Doha round), launched in 2001.
The WTO has 153 members, which represents more than 95% of total world trade...
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