{"id":924,"date":"2011-11-16T01:02:37","date_gmt":"2011-11-16T07:02:37","guid":{"rendered":"http:\/\/opengecko.com\/economics\/world-trade-organisation-wto\/"},"modified":"2011-11-16T01:08:49","modified_gmt":"2011-11-16T07:08:49","slug":"world-trade-organisation-wto","status":"publish","type":"post","link":"https:\/\/opengecko.com\/geckoview\/economics\/world-trade-organisation-wto\/","title":{"rendered":"World Trade Organisation (WTO)"},"content":{"rendered":"<p><font size=\"3\">The syllabus requirements:<\/font><\/p>\n<blockquote>\n<p><font size=\"3\">4.4 World Trade Organization (WTO)        <br \/>\u2022 Aims         <br \/>\u2022 Success and failure viewed from different perspectives<\/font><\/p>\n<\/blockquote>\n<h3><font size=\"3\"><\/font><\/h3>\n<h3><font size=\"3\">Accordingly, your goal from learning about this part of the syllabus should be to be able to answer the following questions:<\/font><\/h3>\n<p><font size=\"3\"><\/font><\/p>\n<p><font size=\"3\">1) What are the <strong>aims<\/strong> of the World Trade Organisation?<\/font><\/p>\n<p><font size=\"3\">2) What are some of the <strong>positive contributions<\/strong> of the World Trade Organisation to the world trading system? <strong>Evaluate<\/strong> these advantages and, in particular, identify the <strong>stakeholders<\/strong> who would agree that these are advantages with <strong>reasons<\/strong> for their agreement.<\/font><\/p>\n<p><font size=\"3\">3) What are some of the <strong>criticisms <\/strong>made against the World Trade Organisation? <strong>Evaluate<\/strong> these advantages and, in particular, identify the <strong>stakeholders <\/strong>who would agree that these are disadvantages with <strong>reasons<\/strong> for their disagreement.<\/font><\/p>\n<h3><font size=\"3\"><img decoding=\"async\" src=\"http:\/\/farm5.static.flickr.com\/4092\/4999623498_0755c3d5c0.jpg\" \/><\/font><\/h3>\n<p><font size=\"3\">Image: <\/font><a href=\"http:\/\/creativecommons.org\/licenses\/by-sa\/2.0\/\"><font size=\"3\">Some rights reserved<\/font><\/a><font size=\"3\"> by <\/font><a href=\"http:\/\/www.flickr.com\/photos\/world_trade_organization\/\"><font size=\"3\">World Trade Organization<\/font><\/a><\/p>\n<h3><font size=\"3\">A flash-based slideshow courtesy of the guardian gives an historical introduction:<\/font><\/h3>\n<p><a href=\"http:\/\/www.guardian.co.uk\/flash\/0,5860,1036309,00.html\" target=\"_blank\"><font size=\"3\">WTO &#8211; A Brief History<\/font><\/a><\/p>\n<p><font size=\"3\">This infographic by <\/font><a href=\"http:\/\/www.themoscownews.com\/\"><font size=\"3\">http:\/\/www.themoscownews.com<\/font><\/a><font size=\"3\"> sums up the main aims of the WTO:<\/font><\/p>\n<h4><a href=\"http:\/\/www.themoscownews.com\/infographics\/20111031\/189168908.html\" target=\"_blank\"><font style=\"font-weight: normal\" size=\"3\">History and functions of the World Trade Organization (WTO)<\/font><\/a><\/h4>\n<p><font size=\"3\"><\/font><\/p>\n<p><font size=\"3\">The ever reliable mjmfoodie gives us a introduction to GATT, which later became WTO. It gives us the history, moving on to the reasons for the WTO (aims). It is quite pro-WTO in its approach:<\/font><\/p>\n<h3><a href=\"http:\/\/www.youtube.com\/watch?v=27J3CByXKow\" target=\"_blank\"><font size=\"3\">Episode 37: GATT\/WTO<\/font><\/a><font size=\"3\"> by <\/font><a href=\"http:\/\/www.youtube.com\/user\/mjmfoodie\"><strong><font size=\"3\">mjmfoodie<\/font><\/strong><\/a><font size=\"3\"> (4\u2019 38\u201d)<\/font><\/h3>\n<p><font size=\"3\"><\/font><\/p>\n<p><iframe loading=\"lazy\" height=\"360\" src=\"http:\/\/www.youtube.com\/embed\/27J3CByXKow?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"3\">This is an impressive<em> <\/em>student project on the same topic which gets very detailed about membership requirements, but then moves on to the main aims of the WTO, which is useful for our syllabus requirements:<\/font><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<h3><font size=\"3\">World Trade Organization by <\/font><a href=\"http:\/\/www.youtube.com\/user\/sdhettige\"><strong><font size=\"3\">sdhettige<\/font><\/strong><\/a><font size=\"3\"> (9\u201928\u201d)<\/font><\/h3>\n<p><font size=\"3\"><\/font><\/p>\n<p><iframe loading=\"lazy\" height=\"360\" src=\"http:\/\/www.youtube.com\/embed\/vFGI7MKn3Sw?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<p><font size=\"3\">The World Trade Organisation is a documentary excerpt posted online by <\/font><a href=\"http:\/\/www.youtube.com\/user\/journeymanpictures\" target=\"_blank\"><font size=\"3\"><img decoding=\"async\" alt=\"journeymanpictures\" src=\"http:\/\/i2.ytimg.com\/u\/M2YmsRUeIbRkqjgNm0eTGQ\/watch_icon.jpg?v=4d761015\" \/><\/font><\/a><\/a><font size=\"3\">It is good for the historic set-up of the WTO (originally GATT \u2013 what was this?), and the various Rounds which shaped its development. It is also good for an overview of some global economic developments (such as the 1970s World Oil Crises) that are useful to know about in general for IB Economics.<\/font><\/p>\n<p><a href=\"http:\/\/www.youtube.com\/watch?v=1Xp75Egtvi8\" target=\"_blank\"><font size=\"3\">Click here to view the video.<\/font><\/a><\/p>\n<p><font size=\"3\">This next video is an engaging infographic on some of the difficulties faced by Kenya. Kenya\u2019s WTO membership required in trade liberalisation (reduction of protectionism). This video is biased, but puts forwards some pretty clear arguments against the imposed trade regulations placed by rich Western\/Northern economies, which some argue the WTO simply supports at the expense of poorer economies such as Kenya. Remember, the syllabus expects us to see the issue from different perspectives.<\/font><\/p>\n<p><a href=\"http:\/\/www.youtube.com\/watch?v=ldZwGDXTsmk\" target=\"_blank\"><font size=\"3\">Animation: Trade Justice &#8211; why world trade rules need to change<\/font><\/a><font size=\"3\"> by <\/font><a href=\"http:\/\/www.youtube.com\/user\/tradeaid\"><strong><font size=\"3\">tradeaid<\/font><\/strong><\/a><font size=\"3\"> (2\u2019 28&#8217;\u201d)<\/font><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<p><iframe loading=\"lazy\" height=\"360\" src=\"http:\/\/www.youtube.com\/embed\/ldZwGDXTsmk?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"3\">Michael Moore is a renowned political commentator\/critic famous for a number of documentary films. In this clip he is clearly very critical of the WTO, giving a more extreme view of its possible \u2018failure\u2019:<\/font><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<h3><a href=\"http:\/\/www.youtube.com\/watch?v=tpc2zHNo5sI\" target=\"_blank\"><font size=\"3\">Michael Moore<\/font><\/a><font size=\"3\"> by <\/font><a href=\"http:\/\/www.youtube.com\/user\/ProtestGlobalisation\"><strong><font size=\"3\">ProtestGlobalisation<\/font><\/strong><\/a><\/h3>\n<p><font size=\"3\"><\/font><\/p>\n<p><iframe loading=\"lazy\" height=\"360\" src=\"http:\/\/www.youtube.com\/embed\/tpc2zHNo5sI?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"3\">Next we have short interview clips with various stakeholders in the Philippines, giving strong criticism of the potential effects of trade liberalisation, as actively encouraged by the WTO, on such a LDC.<\/font><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<h3><a href=\"http:\/\/www.youtube.com\/watch?v=8ulmOtYeu14\" target=\"_blank\"><font size=\"3\">Why WTO is Bad for Developing Countries<\/font><\/a><font size=\"3\"> by <\/font><a href=\"http:\/\/www.youtube.com\/user\/ymataglenn\"><strong><font size=\"3\">ymataglenn<\/font><\/strong><\/a><font size=\"3\"> (3\u2019 46\u201d)<\/font><\/h3>\n<p><iframe loading=\"lazy\" height=\"360\" src=\"http:\/\/www.youtube.com\/embed\/8ulmOtYeu14?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"3\">Finally, \u2018CuteChadz\u2019, a student, sets out her own revision-focused overview of the World Trade Organisation:<\/font><\/p>\n<h3><font size=\"3\"><a href=\"http:\/\/www.youtube.com\/watch?v=WjKS6SY1b5Y\" target=\"_blank\">A2 Economics: World Trade Organisation (WTO) in 8 mins<\/a> by <\/font><a href=\"http:\/\/www.youtube.com\/user\/CuteChadz\"><strong><font size=\"3\">CuteChadz<\/font><\/strong><\/a><\/h3>\n<p><iframe loading=\"lazy\" height=\"315\" src=\"http:\/\/www.youtube.com\/embed\/WjKS6SY1b5Y\" frameborder=\"0\" width=\"560\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"3\"><\/font><\/p>\n<p><font size=\"3\">&#160;<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The syllabus requirements: 4.4 World Trade Organization (WTO) \u2022 Aims \u2022 Success and failure viewed from different perspectives Accordingly, your goal from learning about this part of the syllabus should be to be able to answer the following questions: 1) What are the aims of the World Trade Organisation? 2) What are some of the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10],"tags":[195,196,272],"class_list":["post-924","post","type-post","status-publish","format-standard","hentry","category-economics","category-ib-economics","tag-international-economics","tag-trade","tag-wto"],"_links":{"self":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/comments?post=924"}],"version-history":[{"count":2,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/924\/revisions"}],"predecessor-version":[{"id":926,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/924\/revisions\/926"}],"wp:attachment":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/media?parent=924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/categories?post=924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/tags?post=924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}