Intro to the WTO

Let's jump into the dynamic world of global trade! ๐ŸŒ

๐Ÿ’กWTO = an international organization that makes the rules of trade between countries.

The WTO does 3 things: manage trade negotiations, resolve disputes, and enforce policies. ๐Ÿ—ฃ๏ธ๐Ÿ‘€

Itโ€™s like the UN for the trading economy. ๐Ÿ’ธ

Raw materials companies, like oil, gas and agricultural companies heavily rely on WTO rulings. ๐Ÿ“

This is because these materials get traded internationally a lot! ๐ŸŒŽ

For example, the WTO recently ruled against oil dumping in Argentina. ๐Ÿค”

This may affect US oil companies like Chevron.

๐Ÿ–‡๏ธ WTO.org lists ongoing disputes, so you can investigate potential stock issues.

Simply search for commodities like oil, gas and even corn! ๐ŸŒฝ

The WTO also reviews members' trade policies to ensure theyโ€™re following the rules.

It's a bit like a teacher checking homework! ๐Ÿ‘ฉโ€๐Ÿซโœ…

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

It also provides assistance to developing countries to help them benefit from global trade. ๐Ÿ“–๐Ÿ’ก

So, now you know how the WTO works to make sure global trade is fair and efficient! ๐Ÿ‘

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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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