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Why is the Dispute Settlement Body of the WTO so Important? Does Experience Suggest that Big Players can Ignore the Rules?
Title: Why is the Dispute Settlement Body of the WTO so Important? Does Experience Suggest that Big Players can Ignore the Rules?
Category: Social Sciences / Current Issues
Details: Words: 1717 | Pages: 7.3 (approximately 235 words/page)
Why is the Dispute Settlement Body of the WTO so Important? Does Experience Suggest that Big Players can Ignore the Rules?
The Dispute Settlement mechanism of the World Trade Organisation (WTO) came into effect in 1995 with a new rules-based system enforcing all WTO members to adapt the same basic standards for global trade. However, the champions of free trade: the US (United States) and the EU (European Union) have both been found guilty of protectionism on separate accounts despite having proclaimed to be ardent protagonists of a rules-based trading system. Several disputes have arisen with the
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showed last 75 words of 1717 total
Paul- Pop Internationalism (1999 Mit Press)
·King, Philip- International Economics and International Economic Policy ()
·1995 McGraw Hill)
Internet Sources
·http://www.wto.org/english/tratop_e/dispu_e/dispu_e.htm
·http://www.tdctrade.com/alert/eu0206d.htm
·http://europa.eu.int/comm/trade/issues/respectrules/dispute/index_en.htm
·http://www.iccwbo.org/home/statements_rules/statements/2003/wto_dispute_settlement.asp
·http://www.guardian.co.uk/theissues/article/0,6512,1101023,00.html
·http://www.dawn.com/2003/12/01/ebr6.htm
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