World Trade Organization - WTO
The World Trade Organization (WTO) is the sole international trade organization that keeps tabs on trade between countries. Not only does it keep tabs on them, it also is them. The WTO’s basis is from agreements signed by major world traders. This is mostly a set of trade rules that everyone’s agreed to.
Those in favor of the WTO are those that benefit from it most: multinational corporations, because trade results in net gains for them, but also for their customers. Yet, WTO skeptics think the WTO artificially alters the free market, making the international wealth gap greater than it would be without the WTO. The data shows this for both sides: global trade has expanded, and yet there’s been a negative impact on local communities and human rights at the same time.
What to do with the WTO? Only time will tell.
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Finance: What is NGO?4 Views
Finance allah shmoop what is an ngo Oh come on
You remember the song Sing it with me You know
there was a farmer had a dog and bingo was
his name I'll be all right Well you get the
idea then an ngo is way more meaningful in the
world though Although not to a six year old kid
Thank you very much Ngo stands for non governmental organization
which is an intentionally nonprofit organization like greenpeace the red
cross united way unicef the x files books for dogs
all that stuff Well ngos receive all of the favorable
tax and operational treatment of a normative nonprofit but because
they're overseeing and protected by uncle sam well there's less
pressure on them to raise a ton of money fast
so they tend to be able to focus on more
long term efforts like if there's an ngo that's working
on delivering warm clothes to every village in zaire Well
they're not going toe bold if they go three weeks
without holding a fundraising chili cook off there's Some senator
or congressman or other politico who you know can shake
a tree raise money and they're off to the races
And it's Almost a shame about that cook off thing
because well chili cook offs in zaire are off the 00:01:17.559 --> [endTime] hook No