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World trade organization
WORLD TRADE ORGANIZATION

Definitions:

i. An international organization that encourages international trade and economic development, especially by reducing restrictions on trade.

i. The World Trade Organization is an international organization that encourages and regulates trade between its member states.
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* All eleven elements should be in.


1. Purposeful and necessary for the members.

2. Has international legal standing and recognition.

3. Its key decision-making organs will have all member-countries in.

4. Its administrative structure will be suitable to help achieve aims.

5. The management and staffing will be effective and efficient.

6. Encouragement will be through incentives and persuasion.

7. Regulations will be fair and acceptable to each member.

8. Membership will not be made compulsory or exclusive.

9. Non-members will not be 'attacked' by the organization.

10. The natural environment and ecosystems benefits from its policies.

11. Achieves goal(s) for the member-countries, as exactly hoped for.
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See perfect ANTI-GLOBALIZATION.
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See perfect BACKING (1).
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See perfect CAPITAL INFLOW.
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See perfect IMF.

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