1. Globalization
World Trade Organization Some people view the World Trade Organization or WTO as a ruthless power only being ran by hegemonic powers that have no concern but for their own interest. ... At first the GATT was introduced in the 1940's after WWII in an effort to break down on trade barriers in order to have freer trade. ... They try to settle disputes between countries in order to make sure trade is not effected by disputes between countries and that trading is following the rules of the WTO. ... Thus, causing lower trade around the globe. ... When a country breaks a contract of trade...
- Word Count: 2363
- Approx Pages: 9
- Grade Level: High School