1. World Trade Organization
... products was now subject to the liberalization efforts of the WTO. With the Uruguay Round trade agreement; the WTO had an improved dispute settlement mechanism and a tightening of the GATT exemption on regional agreements. Trade liberalization under GATT has been incorporated into international trading relations since 1947. These two organizations have worked together in mutual tolerance, driven by ... of decision-making between the European Council and the General Council of the WTO. But the history of the liberalization of the International Trade System also bears witness to the interg...
- Word Count: 1954
- Approx Pages: 8
- Grade Level: Graduate