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Essay / Research Paper Abstract
This is a 6 page paper which discusses the international political implications of China's Accession into the World Trade Organization.
The bibliography has 5 sources.
Page Count:
6 pages (~225 words per page)
File: D0_JHPoli.rtf
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Unformatted sample text from the term paper:
become more accepting of the concept of globalization, they must also accept the notion that as participants in the international market, they will be affecting and be affected by the
economics of all other participating countries. Chinas acceptance into the World Trade Organization has given it benefits which will increase its position in the economic world and thus it
political position in international politics. WORLD TRADE ORGANIZATION ACCEPTANCE The admission of China into the World Trade Organization (WTO) was largely debated because, although China has a significant and sizeable
economy and trade, it was still considered to be a developing country. There are important implications of Chinas admission into the WTO that will affect the international trading system and
international politics. Prior to being accepted into the WTO, China was the biggest economy of any nation outside the WTO (Cheng, 2003). Many individual feel that China may
be the third largest economy coming after the United States, which ranks first, and Japan, which ranks second (Cheng, 2003). China is also viewed as number ten among the
worlds trading economy (Cheng, 2003). A report by the World Bank estimates that China may triple its share of the worlds trade from the reported 3% in 1992 to
an estimated 9.8% in 2020 (Cheng, 2003). This would place China ahead of Japan, and make it the second largest trading nation, placed second after the United States (Cheng, 2003).
If China is going to be one of the members of the WTO, then it will have to change many laws, institutions, and policies in order to
conform to the norms of international trade. Much of the debate surrounding Chinas admission to the WTO was centered on many Chinese practices that included misaligned trade flowed into
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