Taking A Look At The World Trade Organization

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For decades developed countries, like the United States and European Union, have implemented protectionist policies aimed at safeguarding domestic agricultural markets from foreign competition. Domestic commodity subsidies and import tariffs act as barriers for the agricultural markets of developing countries limiting their power on the world stage and their potential for economic growth. The World Trade Organization was formed along with the Agreement on Agriculture treaty with the intention of liberalizing global trade. However, though well intended, the World Trade Organization has been ineffective in bringing about change to the global agricultural economy. Developed countries continue to practice protectionist agricultural policy undermining the tenants of the WTO, hindering economic growth of developing countries, violating international trade policy, and challenging any reform of the global agricultural market.
The World Trade Organization was founded in 1995 after the multilateral trade negotiations Uruguay Round from 1986-1994. The Uruguay Round was conducted under the General Agreement on Tariffs and Trade, a multilateral agreement regulating international trade signed in 1947 as a result of the post-World War II Bretton Woods Agreement. According to its preamble, the General Agreement on Tariffs and Trade was initially created with the intent of the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis." However, as new international trade issues arose in the late 20th century such as intellectual property rights and deteriorating state of agricultural trade, the members present at the Uruguay Round decided that a stronger int...

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... hypocrisy of developed nations has tarnishes the nation’s credibility. Although there are means in place meant to limit the noncompliance to WTO principles, they are often ineffective. Take for instance the case of the United States whose subsidies led to violation citations from the WTO and the North American Free Trade Agreement. In 2002, Brazil filed a case against the United States for unfairly subsidizing US cotton. The World Trade Organization found the United States to be in violation of agreed rules. Maxwel A. Schneider explains that when the United States didn’t change their subsidy policy, Brazil began to place heavy taxes on US products prompting the US to begin to pay Brazilian cotton farmers $147 million a year as a compromise. Rather than make any change to their
Without any change in the compliance and willingness of developed countries to cooperate

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