Sunday, May 10, 2015

Then there is the WTO. It is frequently the place of mitigation between countries.

Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other. 

At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations. 

But the WTO is not just about liberalizing trade, and in some circumstances its rules support maintaining trade barriers — for example to protect consumers, prevent the spread of disease or protect the environment.

How many trade agreements does the USA need and which trade agreement counts when it comes to establishing tariffs and import standards? In reflection of all these treaties that are suppose to protect consumers, the little guy, the individual whom are citizens; how did China export dog food containing melamine? 

Do those trade agreements actually work?

Have unions ever found the WTO useful in maintaining their members and/or their wages and benefits? If not, why not?