The guidelines are attached.
However, the structure of this essay needs to be as follows:
Abstract
1. Introduction
– Brief overview of the WTO and its significance in global trade.
– Highlight its role in promoting international trade, resolving disputes, and setting trade rules.
2. Historical Background
– Provide a historical context for the establishment of the WTO.
– Discuss the evolution from the General Agreement on Tariffs and Trade (GATT) to the creation of the WTO in 1995.
3. Findings and discussions
3.1 Objectives and Functions
– Explore the primary objectives of the WTO.
– Discuss how it facilitates trade negotiations, ensures transparency, and addresses trade-related issues.
3.2 Decision-Making Processes
– Explain how decisions are made within the WTO.
– Discuss the consensus-based approach and the role of major players in shaping trade policies.
3.3 Dispute Settlement Mechanism
– Explore the WTO’s dispute resolution system.
– Highlight significant cases and their impact on international trade relations.
3.4 Challenges and Criticisms
– Analyze challenges the WTO faces, such as negotiations deadlock and issues related to developing countries.
– Discuss criticisms regarding transparency, inclusivity, and the organization’s effectiveness.
3.5 Global Trade Impact
– Evaluate the overall impact of the WTO on global trade.
– Discuss success stories and areas where the organization has contributed to economic development.
4. Conclusion and Recommendations
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