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Review:

World Trade Organization

overall review score: 3.5
score is between 0 and 5
The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

Key Features

  • Setting rules for global trading
  • Resolving trade disputes between member countries
  • Promoting free trade

Pros

  • Facilitates smoother international trade relations
  • Provides a platform for resolving trade disputes peacefully
  • Promotes fair and free trade practices

Cons

  • Critics argue that it favors developed nations over developing countries
  • Some view it as undemocratic due to lack of transparency in decision-making processes

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Last updated: Tue, Dec 3, 2024, 02:06:10 PM UTC