Sample Essay on:
The Economic Impact of World Trade Organization (WTO) Membership on China

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Essay / Research Paper Abstract

This is a 4 page paper discussing the economic impact of China’s WTO membership. Light tutorial language is inserted in square brackets throughout to aid in the writing process for customers. After over fifteen years of multilateral and bilateral negotiations with members of the GATT and then WTO member nations, China was accepted as a member in the World Trade Organization (WTO) in 1999 and its membership was activated in December 2001. The economic impact from this membership has been felt on international, national, private and labor levels. China has increased its GDP by almost 8 percent and its exports by almost 20 percent which has led China to become the fourth largest trading body in the world. While labor has begun to shift within the country from the agricultural sectors to the industrial sectors, private Chinese enterprises have also experienced a growth in revenue as the WTO has allowed them recognition in international trade; recognition they were previously denied. Bibliography lists 4 sources.

Page Count:

4 pages (~225 words per page)

File: D0_TJecimp1.rtf

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Unformatted sample text from the term paper:

the paper...] After over fifteen years of multilateral and bilateral negotiations with members of the GATT and then WTO member nations, China was accepted as a member in the World Trade Organization (WTO) in 1999 and its membership was activated in December 2001. The economic impact from this membership has been felt on international, national, private and labor levels. China has increased its GDP by almost 8 percent and its exports by almost 20 percent which has led China to become the fourth largest trading body in the world. While labor has begun to shift within the country from the agricultural sectors to the industrial sectors, private Chinese enterprises have also experienced a growth in revenue as the WTO has allowed them recognition in international trade; recognition they were previously denied. [Journalistic reporting styles deal firstly with that "what" of the phenomenon...] The World Trade Organization (WTO) is the only global organization which deals with the rules of trade between nations and through the process of dealing within the WTO, nations are supported in their need for trade negotiations and dispute resolutions. The WTO is the successor for the former General Agreement on Tariffs and Trade (GATT). Countries which are members of the WTO gain important trading rights with other member nations (Gao, 2003). ["Where" the phenomenon is occurring and the process undertaken ...] China had originally applied to be submitted in GATT in 1986 and although technically the GATT and WTO are not political organizations, China had to sign agreements with over twenty different countries over the course of fifteen years to get the approval of two-thirds of the members of the WTO at a general meeting (Gao, 2003). These agreements were based on multilateral negotiations between China and the ...

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