What Is Wto

Chapter 7

THE ORGANIZATION

The WTO is member-driven, with decisions withdrawn by consensus among all member governments

1. Whose WTO is it anyway?
The WTO is transport by its member governments. All major decisions ar make by the membership as a whole, either by ministers (who meet at least formerly every twain years) or by their ambassadors or delegates (who meet regularly in Geneva). Decisions are normally taken by consensus. In this respect, the WTO is distinguishable from some other international organizations such as the humans Bank and International Monetary Fund. In the WTO, power is non delegated to a board of directors or the organizations head. When WTO rules enforce disciplines on countries policies, that is the outcome of negotiations among WTO members. The rules are enforced by the members themselves down the stairs agreed procedures that they negotiated, including the possibility of trade sanctions. But those sanctions are enforce by member countries, and authorized by the membership as a whole. This is quite different from other agencies whose bureaucracies can, for example, influence a countrys policy by threatening to retain credit. Reaching decisions by consensus among some 150 members can be difficult. Its main advantage is that decisions made this way are more(prenominal) acceptable to all members.



And despite the difficulty, some remarkable agreements go through been reached. Nevertheless, proposals for the creation of a smaller executive body â€" possibly like a board of directors each representing different groups of countries â€" are heard periodically. But for now, the WTO is a member-driven, consensus-based organization. Highest authority: the Ministerial assembly So, the WTO belongs to its members. The countries make their decisions through various councils and committees, whose membership consists of all WTO members. uppermost is the ministerial conference which has to meet at least once every two years. The Ministerial Conference can take decisions on all matters under any...If you want to get a full essay, order it on our website: Ordercustompaper.com



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