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The World Trade Organization: A Success Story
Member rating: No Rating | Words: | Submitted: Fri Mar 31 2006
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The World Trade Organization: A Success Story The World Trade Organization has been a great example of the way collective responsibility works. It has lived up to its expectations of making fair trading rules by getting countries together on an international, open forum, and letting the countries decide what is best for them. Since its birth in 1995, the World Trade Organization (WTO) has solved about three hundred disputes. These disputes have shown that the World Trade Organization really works in an unbiased way, without any external pressure, force or control. Two of the most depicting examples of the World Trade Organization's impartial working are "Standards for Reformulated and Conventional Gasoline", and "Import Prohibition of certain shrimp and shrimp products", which have proven that the World Trade Organization has been a success. One of the first disputes brought to the World Trade Organization was in 1995. The case, referred to...
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