1. The role of World Trade Organisation.
... entirely a natural phenomenon, it mostly depends on a political will. In 1948, 23 nations recognised that a strong, predictable and rules-based multilateral trading system would be in the interest of all countries and set up an agreement called The General Agreement on Tariffs and Trade (the GATT). In 1995, the GATT became the WTO, a fully-fledged international organisation with ... that it is a powerful global trade agency, which transformed the GATT into an enforceable, indisputable global commercial code' . They also suggest that the WTO is rapidly assuming the role of a global gover...
- Word Count: 3109
- Approx Pages: 12
- Has Bibliography
- Grade Level: Undergraduate