General Agreement

Question 1

As mentioned in your textbook, the World Trade Organization . (WTO) evolved from the General Agreement on Tariffs and Trade . (GATT). The WTO provides a “forum for trade-related negotiations” among its members.” Nevertheless, it has been controversial since its inception. View the WTO Airbus Boeing . video (YouTube/3:16) for background on the US-EU dispute prior to the WTO 2010 decision.

For this assignment, select a country (not the United States) that is a member of the WTO. Go to the WTO’s website to select your country and read its profile. Scroll down to the bottom of the page until you reach the Dispute Cases involving your country. If there are no dispute cases, please select another country.

In a short essay, please discuss the following:

1. Short overview of the WTO and your selected country.
2. Brief description of the disputed issue.
3. Brief summary of the Findings.
4. In your opinion, was the WTO essential in the resolution of the dispute or do you feel the dispute could have been resolved without the WTO?

Your essay should be 300 – 400 words (about one page), not including references. Be sure to use current APA style when referencing content from either the textbook or outside sources

 

Question 2

Deliverable Length: 400–600 words

Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organization keeps the global economy stable.

• What is the WTO, and what is its history?
• What are the benefits of being a member of the WTO?
• What are the disadvantages?
• How does it settle disputes?

Choose a recent dispute between 2 countries, and discuss it with your peers. Include the following:

• Summary of what happened
• How it was resolved
• Role played by the WTO
• Do you agree with the resolution?