World Trade Organization (WTO)

4 April 2015
Looks at the role of the WTO and its impact on international trade.

This paper reviews the roles, activities and impact of the WTO. The paper includes case studies involving China vs. India, the U.S. vs. the E.U. etc.
“The World Trade Organization (WTO) is an international organization that creates and enforces rules for ensuring free and smooth trade between the countries of the world. With a majority of world’s countries as members (143 as on November 11, 2001), WTO’s role assumes great significance, particularly since today’s world is disunited over the exact interpretation of globalization of international trade and the means of achieving it. In this paper, we will probe the role of WTO in the process of globalization and how it’s activities affect the lives of people in different parts of the world. In this process we will analyze it’s contribution to the economic, political, social and cultural systems of the world.”

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