The World Trade Organization and its predecessors have spurred the growth of international trade and global engagement since the 1940’s. But WTO rules now need to evolve to adjudicate modern and more complex trade frictions. WTO reform has become essential to ensure the continued existence of a rules-based system to organize global trade flows.
TRADE RESEARCH
WTO
The World Trade Organization and its predecessor, the GATT, provided a rules-based trading order to organize global trade flows and spurred the growth of international engagement since 1947. But WTO rules now need to evolve to adjudicate modern and more complex trade conditions.
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