Introduction The World Trade Organization (WTO) is one of those institutions that have been created with the objective of promoting fair trade between countries. Established in 1995 to replace the General Agreement on Trade and Tariffs (Daug 2012, p.73), WTO regulates trade between member countries (Williams 2015, p.204). It also resolves any trade conflicts that may arise between partners (Hoogmartens 2004, p.10). One of its key functions is to help developing countries towards achieving economic prosperity (Rena 2012, pp.78-79; Bossche & Zdouc 2013, p. 83). In line with this latter goal, the WTO has attracted 150 developing countries seeking economic growth and prosperity into………..
The post Is the Global Trading System Created by the WTO Fair and Effective?
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