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trade, trade & regional integration

The 10 misunderstandings

1. The WTO dictates policy

2. The WTO is for free trade at any cost

3. Commercial interests take priority over development …

4. … and over the environment

5. … and over health and safety

6. The WTO destroys jobs, worsens poverty

7. Small countries are powerless in the WTO

8. The WTO is the tool of powerful lobbies

9. Weaker countries are forced to join the WTO

10. The WTO is undemocratic

 

The debate will probably never end. People have different views of the pros and cons of the WTO’s “multilateral” trading system. Indeed, one of the most important reasons for having the system is to serve as a forum for countries to thrash out their differences on trade issues. Individuals can participate, not directly, but through their governments. However, it is important for the debate to be based on a proper understanding of how the system works. This booklet attempts to clear up 10 common misunderstandings.


Added on April 01, 2009
Popularity: 403 

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Comments (1)
Saeed Khan Abbasi April 12, 2009, 02:06 PM
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WTO and other international bodies like that have to launch strong global image building and lobbying to eliminate such confusions from minds. My international project SEMFO Global Plan Project (http://www.semfo.blogspot.com) provides such a vast strategic services system for global organizations like the WTO and other.

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