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The World Trade Organization (WTO) is a multinational organization, designed to manage international trade and trading relationships between member nations. Founded on January 1, 1995, the WTO has the stated goal of improving the lives of those living in member states. It works to do this by reducing trade barriers and serving as a platform for trade negotiations. While the WTO is concerned with establishing rules for trade and a framework for policies, it does not attempt to define or control the outcome of agreements. To maintain this focus, the WTO operates under five guiding principles, which are: non-discrimination, reciprocity, establishment of binding and enforceable commitments, transparency, and safety. The WTO has attracted considerable criticism from economists, environmentalists, humanitarian groups, and those opposed to globalization. The majority of the criticism is against free trade itself, which many argue leads to a divergence in incomes and greater polarization of classes. Others criticize the WTO for drafting agreements that favor wealthy nations, heavy industry, and multinational corporations.
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WTO on Amazon
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Who's Afraid of the WTO? - $35.00
Who is afraid of the World Trade Organization, the WTO? The list appears to be long. Many workers, and especially unions that represent them, claim that WTO agreements increase imp...Amazon
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Unholy Trinity: The IMF, World Bank and WTO - $36.95
Our lives are all affected by three hugely powerful and well financed, but undemocratic, organizations: the International Monetary Fund, the World Bank and the World Trade Organiza...Amazon
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Who's Afraid of the WTO? - $35.00
Who is afraid of the World Trade Organization, the WTO? The list appears to be long. Many workers, and especially unions that represent them, claim that WTO agreements increase imp...Amazon
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The WTO and Global Governance: Future Directions - $35.00
The World Trade Organization (WTO) is mandated by governments to pursue full employment, a steady growth in real income, and higher standards of living for its 150-plus member coun...Amazon
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WTO Criticism
- Global Exchange: World Trade Organization
- Global Exchange: Top Reasons to Oppose the WTO
- Trade Observatory: Doha is dead: moratorium needed to rethink a new model of trade (July 17, 2007)
- University of Washington: WTO History Project
- YouTube: The truth behind the WTO (Time: 4:37)
- YouTube: Shut Em Down / WTO Seattle 99 (Time: 9:01)
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