International Trade

International Trade International Trade In at presents world there are many issues in need of reformation, one of which is international trade, otherwise known as globalization. Although there are a great deal of rules, regulations, and policies obligate on international trade, the manner in which those rules have been implemented is a major controversy that seems to be escalating day by day. At the center of the controversy is the World Trade administration (WTO). The WTO was established in 1995 in order to transform the oecumenic Agreement on Tariffs and Trade (GATT) into an enforceable global commercial code.

Critics of the WTO say that instead of being run democratically and in the interest of member countries, it has become the enforcer of corporate managed trade. A system whose ethics are not in estimate of the public interest, instead the focus has shifted to large corporations and making money. make is the motivating factor behind decisions made by the WTO. By lo...If you want to get a full essay, order it on our website: Orderessay

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