Author
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Topic: The workings of the WTO
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VanLuke
rabble-rouser
Babbler # 7039
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posted 02 January 2006 04:57 PM
An interesting article about the workings of the WTO quote: ... The theory of the global economy seems quite simple. World trade helps fight poverty, because open borders and the dropping of tariffs benefit everyone. So world trade is a kind of game in which all nations can be the winners. This is the theory underlying the WTO. It is also the organization's religion, ...The founding treaty of the organization itself is a tome of 27,000 pages. [Compare NAFTA!] Yet the rules that the Geneva-based body sends sailing out into the world shape our lives: They regulate labor markets, imports and exports, and they deal with agriculture, textiles, services and patents. They have an impact on our income and tax levels, and they determine which goods we may buy and how expensive they are. ...
Part 1 http://service.spiegel.de/cache/international/spiegel/0,1518,393149,00.html Part 2 quote: ... "The goal is a non-discriminatory trade system in which all countries have the same rights. When we've achieved that, liberalization will happen automatically,"...
In other words never? http://service.spiegel.de/cache/international/spiegel/0,1518,393149-2,00.html
From: Vancouver BC | Registered: Oct 2004
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