World Trade Organization Example

World Trade Organization Example World Trade Organization â€" Coursework Example > World Trade OrganizationThe world trade organization (WTO) is a trade liberalizing organization. Additionally, it is a governments’ forum for negotiating trade related agreements. It also controls a system of rules related to trade. WTO was born after negotiations among the members, and this became the method to be used in their proceedings. Nothing can be passed in the organization without deep negotiations (Palast, 2004, 14). WTO is helpful to many countries because it is a trade liberalizing union hence in case of a country faces trade barriers and wants them lowered, it has to contact the WTO for assistance. The WTO rules sometimes support maintaining the trade barriers in order to protect some happenings like the spread of diseases and consumer protection (Mullard, 2004, 29). WTO operates with guidance of WTO agreements that are negotiated and signed by the world’s trading countries. The agreements provide the rules and regulations that govern the countries within the gro und rules for the commerce internationally. These agreements are proposed to help producers, importers and exporters to do their business as well as allowing the government to meet its environmental and social goals and objectives (Rossi, 2007, 259). The purpose behind the dispute solving process employed by WTO is with neutral procedures that are based on legally agreed foundations. World trade organization began its operations on first January 1995. Its trading system is however, a half-century-older than its launch (Nunes, 2008, 94). WTO operates under certain rules and regulations that make its operations open and fair to all its members. WTO has principals that control the trading system. These principals are legal documents that cover a wide range of happenings and hence they are complex and lengthy. These principles provide the foundation of multilateral systems of the trade. This aids the organization in making decisions that are not biased in its problem solving. In addit ion, the organization uses the principles that have been made collectively without expecting any resistance from any member country. This makes the organization act in a manner of dictatorship (Cox, 2006, 16). It is evident that once a small number of citizens of a nation taste the fruits of their labors that are brought about by the free trade that is highly recommended by WTO, they tend to support the dictators and the people who suppress the freedom, to remain in power. This is so because they what to continue enjoying the fruits. When the global trade rules are designed, they mostly lie on the side of protecting corporations, not the people’s rights. Corrupt leaders have a high probability of remaining in power as they are strengthened by the trade’s agreements, which is a source of more money into the government (Nunes, 2008, 95). It is also everybody’s knowledge that the trades rules operate in high levels like super-national levels. This means that its rules can only deal with the whole country that affects all the other members. With this, the organization can be viewed as undemocratic because democracy is at its best when done at the lowest level possible (Chilov, 2009, 19). The other most discouraging thing is that WTO is not a democratic organization by its self. This is because it is highly dominated by most developed countries such as US, whose leaderships has been dominated by campaigns that are of particular interests to make money from corporations (Palast, 2004, 29). Thus, the formation of WTO rules is to some extent influenced by the corporations that have inside access during the rules negotiations. It was discovered that the strong nations such as US are believed to be making the most contributions in the rule-making process that are used in the governing of the organization. This is a clear indication that democracy does not exist in the organization (Mullard, 2004, 31).