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Characteristics and challenges of world trade organization

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Reference no: EM131220901

Nations around the world have joined forces to create what are known as supranational organizations that work to solve the world's problems through agreements and multilateral decision making. In international trade, the most important of these is the World Trade Organization or WTO with 161 member countries as of April 2015: https://www.wto.org.

To enhance your understanding of the material, before entering into the discussions be sure to review the online lecture, textbook readings, links in resources and watch the World Trade Organization video: To the Heart of the WTO. This video seeks to shed light on how the WTO system works through the experience and motivations of two very different countries: Brazil, a large developing nation, and Norway, a small but economically advanced state.

Let's start by describing some of the major characteristics and challenges of the World Trade Organization by using Brazil and Norway as examples. Then, let's discuss what some of the main steps forward as well as roadblocks in the Doha Rounds?

Reference no: EM131220901

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