Whose Trade Organization?
Whose Trade Organization?
Chapter 4 discusses the basic organization and operation of the WTO, emphasizing the consensual nature of the rules it enforces and the activities it undertakes as part of its mandate. Essentially, the chapter highlights the way the WTO is structured and outlines its most important activities. It begins with some history and a summary of trade relations up to the founding of the WTO in 1995. The chapter also examines the important role of the WTO dispute settlement system and prospects for its reform. It also turns to the problem of extending WTO into nontrade areas, in light of the fundamental value proposition of the WTO to its members.
Keywords: organization, operation, WTO, history, trade relations, dispute settlement system, nontrade
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