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Essay / Research Paper Abstract
A 14 page paper that begins by introducing the WTO and the function of this international trade organization. The North American Trade Agreement is then discussed, focusing on reports of the results of NAFTA at its 10-year anniversary. Data are reported for Canada, the United States and Mexico. The writer comments briefly on the soundness of the theory behind NAFTA. Bibliography lists 14 sources.
Page Count:
14 pages (~225 words per page)
File: MM12_PGnfta1.rtf
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Unformatted sample text from the term paper:
result of treaties signed long ago. There are international trade agreements but like any other trade agreement, it governs only those nations that have agreed to it. GATT was one
such agreement. The General Agreement on Tariffs and Trade (GATT) is one-third of the Bretton Woods system that was established following World War II (Georgetown University Law Library, 2001). The
International Monetary Fund (IMF) and World Bank are the other two bodies in the Bretton Woods system. The GATT was the only agreement covering international trade and it functioned as
an international organization but it was never formalized as an organization (Georgetown University Law Library, 2001). GATT evolved into the WTO in 1995 through a series of trade negotiations,
the Uruguay Rounds, that transpired over the decades following the Second World War until this agreement was reached in 1995 (WTO, 2004). The WTO "is the only global international organization
dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the worlds trading nations and ratified in their
parliaments" (WTO, 2004). As of April 2003, 146 nations were members of the WTO (WTO, 2004). The is the only international organization that mediates trade agreement disputes and most of
the time, nations will abide by the decisions of the WTO (WTO, 2004). The WTO is not without critics and opponents. In fact, general meetings of the World Trade Organization
and numerous other annual world trade forums have been interrupted with protesters since the infamous protest against the WTO in Seattle in 1999. As the popular news media have reported,
protesters at the same event have different expressed concerns, such as labor, human rights, the environment, but the overall agenda is anti-globalization. The protestors, however, forget that the WTO administers
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