1. Globalization
The WTO in fact is an organization that is concerned with globalization on all levels, for all countries, whether poor or rich, they try to reach out to all and make sure their laws are fair to all and they rule with great dignity and legitimacy. ... The GATT did do a great effort in breaking down trade tariffs and quotas. ... If an economy is going to a recession or a depression then the WTO will allow a country to take certain measures in order to help out their own economy. ... Say a state like the Unites States is in a depression we will then effect other economies. ... This follows ...
- Word Count: 2363
- Approx Pages: 9
- Grade Level: High School