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WTO, ISSUES AND POTENTIAL FUTURE

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Essay / Research Paper Abstract

This 8-page paper discusses some of the issues concerning the WTO and trade. Also under discussion is the future of the WTO, especially in light of the collapse of the Cancun talks. Bibliography lists 8 sources.

Page Count:

8 pages (~225 words per page)

File: D0_MTwtoiss.rtf

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Unformatted sample text from the term paper:

around technical issues, with contact between non-governmental organizations (NGOs) and their governments limited (Evans, 2000). Basically, all was calm and quiet. What a difference four years made. When the WTO reconvened in Seattle in 2000, the ministers were met with angry mobs that had a variety of demands; yet all with one concern -- globalization, as it stood, was definitely not an equitable situation. Basically, public interest in trade-related issues had grown, with 750 NGOs attending the forum -- and governments trying to listen to the NGOs, the protesters and whoever else as it pertains to issues of trade (Evans, 2000). The main problem that faces the WTO, as its organizers are learning, is that globalization, while thought to be a mecca and a cure-all for the worlds economic ills, actually creates an unequal distribution of wealth (Maud, 2000). At the Seattle WTO, protesters pointed out that the "benefits" of globalization were occurring on the backs of Third World workers -- furthermore, even those who were members couldnt seem to hammer out a fair and equitable agreement for coming up with good free trade criteria (Maud, 2000). For example, President Bill Clinton didnt help himself in 1999 at the WTO talks in Seattle, when he was quoted as saying that high labor standards should be mandatory for trade-treaty and guaranteed access to markets (Bhagwati, 2004). While this certainly sounds good in theory, it had the response of angering developing nations, who already had run-ins from union activists from wealthy countries, who were determined to keep jobs on those wealthy countries (Bhagwati, 2004). In addition, if Seattle (and subsequent meetings) taught nothing else, it was that huge ...

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