GIVE YOU GENERAL IDEA ABOUT WTO

1. Introduction to the World Trade Organization

2. What Is the WTO? One Opinion:

5. World Trade Organization: Rounds Reduced tariffs 1947-61 1-5 Accomplishments Name Years No. Rounds of GATT Multilateral Trade Negotiations

6. World Trade Organization: Rounds Tariffs + anti-dumping Kennedy 1964-67 6 Reduced tariffs 1947-61 1-5 Accomplishments Name Years No. Rounds of GATT Multilateral Trade Negotiations

7. World Trade Organization: Rounds Tariffs + NTBs Tokyo 1973-79 7 Tariffs + anti-dumping Kennedy 1964-67 6 Reduced tariffs 1947-61 1-5 Accomplishments Name Years No. Rounds of GATT Multilateral Trade Negotiations

8. World Trade Organization: Rounds Tariffs, NTBs, Services, Intellectual Property, Textiles, Ag., Dispute Settlement, Created WTO Uruguay 1986-94 8 Tariffs + NTBs Tokyo 1973-79 7 Tariffs + anti-dumping Kennedy 1964-67 6 Reduced tariffs 1947-61 1-5 Accomplishments Name Years No. Rounds of GATT Multilateral Trade Negotiations

9. World Trade Organization: Rounds ? (Doha Development Agenda) Doha 2001-? 9 Tariffs, NTBs, Services, Intellectual Property, Textiles, Ag., Dispute Settlement, Created WTO Uruguay 1986-94 8 Tariffs + NTBs Tokyo 1973-79 7 Tariffs + anti-dumping Kennedy 1964-67 6 Reduced tariffs 1947-61 1-5 Accomplishments Name Years No. Rounds of GATT Multilateral Trade Negotiations

18. WTO Functions Trade Ministers (USTR, etc.) Meet Every Two Years Tariff Reductions; Changes in Rules Councils and Committees Trade Policy Review Mechanism Working Groups Negotiating Rounds Ministerials Communications

19. WTO Functions Countries negotiate and commit to maximum tariffs National Treatment for Service Firms Enforce Patents, Copyrights, Trademarks Intellectual Property (TRIPs) Services (GATS) Foreign Direct Investment (TRIMS) Subsidies Quantitative Restrictions Product Regulations Customs Valuation Tariff Bindings Constraints

20. WTO Functions Allows NAFTA, EU, etc. Permitted, not required Preferential Trade Agreements Balance of Payments Protection Safeguards Countervailing Duties Anti-Dumping Exceptions

21. WTO Functions 3-person Panel Decides Case The Ultimate Remedy: Permit Tariffs Retaliation Remedy Appellate Body Panel Recommendation Consultation Compensation Implementation Dispute Settlement