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THE WTO IN BRIEF

THE WTO IN BRIEF. By--- Antonio S. THE WTO IN BRIEF. What is the WTO ? Simply put-- It is the only global international organization……. History Born in 1995, but not so young……. Structure.

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THE WTO IN BRIEF

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  1. THE WTO IN BRIEF By--- Antonio S

  2. THE WTO IN BRIEF What is the WTO?Simply put--It is the only global international organization…… History Born in 1995, but not so young…… Structure THE TOP5 BENEFITS of WTO From the money in our pockets and the goods and services that we use, to a more peaceful world — the WTO and the trading system offer a range of benefits, some well-known, others not so obvious.

  3. What is the WTO? • W orld T rade O rganization

  4. What is the WTO? --Is it a bird, is it a cat? • Simply put--It is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business. There are a number of ways of looking at the WTO. It’s an organization for liberalizing trade. It’s a forum for governments to negotiate trade agreements. It’s a place for them to settle trade disputes. It operates a system of trade rules. It’s a negotiating forum … It’s a set of rules … ... OR IS IT A TABLE? One of them finally interjected: “Wait a minute. The WTO is a table. People sit round the table and negotiate. What do you expect the table to do? ”

  5. What is the WTO? Born in 1995, but not so young The WTO’s agreements have been ratified in all members’ parliaments.

  6. 1To supply technical support for…… What is the WTO? Structure 2To provide help for developing countries; Ministerial Conference 3To analyze world trade 4To explain WTO to …… General Council …… Goods Council Services Council Intellectual Property (TRIPS) Council …… specialized committees, working groups and working parties Secretariat

  7. THE TOP5 BENEFITS It gives consumers more choice, and a broader range of qualities to choose from 1 2 3 Life with ... ... and without imports 4 5 Choice

  8. THE TOP5 BENEFITS • Freer trade cuts the cost of living We are all consumers. The prices we pay for our food and clothing, our necessities and luxuries, and everything else in between, are affected by trade policies. 1 2 3 4Cost of living 5 Choice Food is cheaper Clothes are cheaper The same goes for other goods …

  9. THE TOP5 BENEFITS Trade stimulates economic growth, and that can be good news for employmentNevertheless, the alternative — protectionism — is not the way to tackle employment problems 1 2 1, there are other factors at play. 2, while trade clearly boosts national income (and prosperity), this is not always translated into new employment for workers who lost their jobs as a result of competition from imports. 3 Growth and jobs 4Cost of living 5 Choice

  10. THE TOP5 BENEFITS A system based on rules rather than power makes life easier for all 1 2 Rules 3 Growth and jobs 4Cost of living 5 Choice Smaller countries enjoy more bargaining power, and life is simpler for bigger countries

  11. THE TOP5 BENEFITS The system helps to keep the peace 1 Peace How does this work? Sales people are usually reluctant to fight their customers 2 Rules 3 Growth and jobs But that is not all. The GATT/WTO system is an important confidence-builder. 4Cost of living 5 Choice

  12. THE WTO IN BRIEF What is the WTO?Simply put--It is the only global international organization…… History Born in 1995, but not so young…… Structure THE TOP5 BENEFITS of WTO From the money in our pockets and the goods and services that we use, to a more peaceful world — the WTO and the trading system offer a range of benefits, some well-known, others not so obvious.

  13. THE WTO IN BRIEF It took seven and a half years, By the end, 123 countries were taking part. It covered almost all trade, from toothbrushes to pleasure boats, from banking to telecommunications, from the genes of wild rice to AIDS treatments. It was quite simply the largest trade negotiation ever, and most probably the largest negotiation of any kind in history. Let us drink to WTO

  14. Thank you! By --Antonio Si Thanks to http://www.wto.org/english Chanel

  15. THE WTO IN BRIEF By--- Antonio S

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