Intro to the WTO

Let's jump into the dynamic world of global trade! 🌐

💡WTO = an international organization that makes the rules of trade between countries.

The WTO does 3 things: manage trade negotiations, resolve disputes, and enforce policies. 🗣️👀

It’s like the UN for the trading economy. 💸

Raw materials companies, like oil, gas and agricultural companies heavily rely on WTO rulings. 📝

This is because these materials get traded internationally a lot! 🌎

For example, the WTO recently ruled against oil dumping in Argentina. 🤔

This may affect US oil companies like Chevron.

🖇️ WTO.org lists ongoing disputes, so you can investigate potential stock issues.

Simply search for commodities like oil, gas and even corn! 🌽

The WTO also reviews members' trade policies to ensure they’re following the rules.

It's a bit like a teacher checking homework! 👩‍🏫✅

The WTO isn't just about making rules, though.

It also provides assistance to developing countries to help them benefit from global trade. 📖💡

So, now you know how the WTO works to make sure global trade is fair and efficient! 👍

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The World Trade Organization is an organization that. . .

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The WTO's functions include. . .

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The WTO helps developing countries by giving. . .

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