The Functions of the World Trade Organization in Global Trade
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Description
The exam evaluates knowledge of the World Trade Organization's roles in regulating global trade, focusing on trade agreements, dispute resolution, and its impact on international relations.
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Exam Details
Duration: 50 minutes
Prerequisites: International Trade Theory, Global Economic Policy
Key Topics
- World Trade Organization
- International Trade
- Trade Agreements
- Dispute Resolution
- Global Economy
Learning Outcomes
- Explain WTO Functions
- Analyze Trade Agreements
- Discuss Dispute Resolution Mechanisms
- Evaluate WTO's Impact on Global Trade
Full Description
This examination scrutinizes the role and functions of the World Trade Organization (WTO) in regulating international trade, focusing on trade agreements and dispute resolution mechanisms.
The WTO serves as a crucial institution for promoting free trade, resolving disputes, and setting trade rules, ultimately influencing global economic relations and development.
Students will demonstrate their comprehension of the WTO's operational framework, key negotiations, and how it impacts member and non-member states through verbal articulation.
Familiarity with recent trade disputes will be encouraged, providing candidates with context to discuss current challenges the WTO faces globally.
Sample Questions
- What are the main functions of the World Trade Organization in international trade?
- How does the WTO resolve trade disputes among member states?
Field: Social Sciences
Subfield: International Relations
Specialization: International Organizations
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