Explain what is the WTO, and what is its history?

600 words all new content, 2 references.

Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organization keeps the global economy stable.

  • What is the WTO, and what is its history?
  • What are the benefits of being a member of the WTO?
  • What are the disadvantages?
  • How does it settle disputes?

Choose a recent dispute between 2 countries, and discuss it with your peers. Include the following:

  • Summary of what happened
  • How it was resolved
  • Role¬†played by the WTO
  • Do you agree with the resolution?
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