Review:
World Trade Organization (wto)
overall review score: 4
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score is between 0 and 5
The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade between nations.
Key Features
- Dispute settlement mechanism
- Trade negotiations
- Trade policy reviews
- Capacity building for developing countries
Pros
- Promotes free and fair trade
- Helps resolve trade disputes peacefully
- Provides a forum for negotiating trade agreements
Cons
- Critics argue that it benefits developed countries more than developing countries
- Some believe it undermines national sovereignty