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GLOBAL TRADE

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Enjoy learning vocabulary about global trade

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GLOBAL TRADE

Enjoy learning vocabulary about global trade

URSULA HUANCAS
1

Trade Organization World WTO who know

The Debate - When it comes to the ( WTO ) , there are three kinds of people .
1 ) The people who support it .
2 ) The people don't support it .
3 ) The people who don't anything about it .

2

agreements barriers oversees trade venue trade

For those of you who are in the third category , I'll give you a brief explanation . The WTO is an organization that global trade . It creates trade laws that govern member nations'
companies when they do business . It's also the for things like negotiating , settling disputes , and eliminating like import quotas .

3

trade contradict controversial sanctions WTO's

Now , why is it so ? Some people think the WTO has too much power . For example , a member nation's laws cannot the WTO's laws . So a nation has to make sure they don't violate the laws when they want to create a new law . The WTO can also place on member countries if they violate a law .

4

involved undecided trade boosts free equal

The people who support the WTO say the organization promotes . It helps developing countries establish trade with industrialized nations . This the economies
of all the nations . It ensures global business between nations is and fair . What do you think of the WTO ? Is it good , bad , or are you ? Leave your comments below , but please remember to be respectful of others' opinions .