| rade Organization is an autonomous body that works | | | | developed ones. |
| for free and transparent trade between its member | | | | How can it help a small trading business? |
| countries. As an organization, its rules and functions | | | | As stated earlier, WTO is not intended to help |
| are looked upon in bigger context, it is essentially | | | | businesses directly, but you can benefit from the |
| meant for free trade, irrespective of the size of | | | | information and statistic available at their website or |
| trading businesses. World Trade Organization main | | | | other forums. World Trade Organization publishes |
| objective is to facilitate free, transparent and | | | | various research reports and trade statistics on |
| non-discriminative trade, for this purpose they make | | | | annual basis. For example, international trade statistics |
| rules and issue guidelines that its member countries | | | | provides figures, charts and other trading details for |
| must follow. These rules are a result of intensive | | | | International traders. Other equally useful publications |
| negotiations between the representatives of its | | | | include World Tariff Profiles, Trade profiles and WTO |
| member countries, who then sign on these contracts. | | | | annual report. In case you are planning to start |
| In addition to free trade facilitation, it helps brining | | | | exporting to some particular region, you must consult |
| consistency in rules and regulations related to trade, | | | | these reports and look for the demand, existing |
| taking out the uncertainty factor from the | | | | trade and tariffs that may apply to your trade. You |
| international trade, to some extent. | | | | can also find information on dispute settlement, |
| Criticism: | | | | competition policies, electronic commerce, regional |
| Although, it calls for equal opportunities and economic | | | | trade agreements or trade policies. |
| growth, it is often being criticized for doing exactly | | | | WTO offers internships and other learning resources |
| the opposite. Mainly because the under-developed | | | | for students from all over the world, such as online |
| nations is the least influential group during the decision | | | | training, distance learning and training videos. Some of |
| making process. According to activists speaking | | | | the courses available are General Agreement on |
| against World Trade Organization, the organization | | | | Trade in Services, WTO dispute settlement system, |
| actually safeguard the interests of developed nations | | | | barriers to trade and WTO legal underpinnings. |
| most of the times. Plenty of economists completely | | | | Anybody can go through these courses to perk up |
| turn down the idea of trade liberalization as a tool for | | | | their own trade business, or to work as a consultant |
| economic growth, stating that it actually opens up | | | | for other businesses. |
| under developed markets for the exploitation of the | | | | |