United States Blog #5
The World Trade Organization has been home to a lot of controversy in previous years. At its core, the WTO aims to put everyone on an equal playing field when it comes to trading between member countries. For example, countries are not allowed to discriminate against other member countries, and the free trade elements of the WTO have led to lower tariffs. In the case of the United States, the WTO is extremely beneficial, in part due because it was "largely designed by and for the United States." The United States has been able to dodge the rules, as they subsidize their agricultural industries. Although all countries have equal power, in the real world this doesn't translate because the United States has more power due to the pure size of their economy. The WTO's robust dispute-settlement program prevents member countries from violating agreements on Tariffs, which has proven effective, as eviden...