The World Trade Organization - Good or Bad?
Posted on October 2nd, 2007 by johnb
The World Trade Organization is in charge of regulating trade and tariffs on a worldwide basis. As the replacement for the earlier General Agreement on Tariffs and Trade (GATT) it regulates the economies of the world. Unlike the earlier GATT agreement however it is very much focused on Free Trade and the increased power of multi-nationals. The real question is, Is this good or bad? The real answer…it depends on who you are.
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