Slide 3:
The WTO was established in 1995. WTO Replaced
GATT, Which Had A similar function and ran from
1949 – 1993. HISTORY
Slide 4:
The goal is to help producers of goods and services,
exporters, and importers conduct their business. What Is Its Aim?
Slide 5:
Functions Of WTO Non Discrimination: No Country IN The WTO, Should Be Left Out And Miss The Trade Benefits. Safety Measures: It Surveys How The Trade Barriers Are Working And Ensures That There Is A Fair Competition. Settles Disputes: It Settles The Dispute Between
The Countries, Related To Trade.
Slide 6:
Advantages Of WTO This System Promotes Peace Disputes are handled constructively It Encourages Trade Which:
∆ Raises Income
∆ Increases Productivity
∆ Increases The Quality Of The Goods
∆ Increases Profits
Slide 7:
Disadvantages Of WTO The WTO Is Destroying the Environment The WTO is Increasing Inequality It Encourages Trade Which:
∆ Are Not Enjoyed By Poorer Countries
∆ Creates Unemployment
∆ Increases Dependency On Others
Slide 8:
By Jay, Vighnesh, Krishna, Anuj And Brij.