Illustrative Example (p. 163) – Economic Institutions and Regional Trade Agreements
Published on Jul 3, 2018
President Trump has said the World Trade Organization treats the U.S. “very badly,” and he has reportedly threatened to leave it. That move could completely disrupt the global trading system.
Published on Dec 11, 2019
The World Trade Organization is facing its biggest crisis since it was founded a quarter century ago. WTO Director General Roberto Azevedo had hoped to resolve an impasse in the trade body. But instead, the organization can no longer deliver rulings on trade disputes, because Washington has blocked the appointment of new judges to its appelate panel. Critics fear world trade is now facing “the law of the jungle.”
Published on Dec 10, 2019
Dec.10 — The World Trade Organization’s appellate body will lose its ability to rule on new dispute cases on Dec. 11. WTO Director-General Roberto Azevedo discusses the impact of this change on enforcing international trade rules with Bloomberg’s David Westin on “Balance of Power.”
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