Tp Case Study

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Introduction to Committee

The World Trade Organization is a global international organization, which handles the regulations and rules of trade between countries. It was established on January 1, 1995 after being signed by 123 countries on April 15, 1994. It was conceived after 8 years of negotiations from 1986 – 1994, and succeeds the General Agreement on Tariffs and Trade (GATT), which served a similar purpose from 1948 – 1995.

Topic 1: Trans-Pacific Partnership (TPP)

The goals of the TPP are, among other things, to promote economic growth, support creation and retention of jobs, enhance innovation, creativeness, and competition, as well as reducing poverty in the countries involved. These countries include …show more content…

Long term?
How might the TPP negatively affect countries not involved?
Are there any negative affects to certain industries due to TPP?
Why is there such a push-back to the TPP in some political circles?
Why do the countries involved in TPP believe this is even …show more content…

It was initially meant to be a temporary organization, as a successor was expected that would sprout off of the United Nations. When this did not occur, it instead grew to have 125 signatories by the time it was replaced by the World Trade Organization (WTO) in 1995. The important initial features of GATT were to abolish quotas, reduce tariffs among countries, and trade without any discrimination among the countries involved in the agreement. During several conferences termed “rounds”, representatives of the countries would meet and negotiate the terms of the agreement, and to deliberate new policies which could benefit all of those involved. The one of the most influencing conferences was the Uruguay Round, which saw an average of 40% cut to tariffs, reduced agriculture subsidies, and groundbreaking new agreements on trade in services ("General Agreement on Tariffs and Trade (GATT)").

Research Questions:
How did the GATT affect the countries involved?
Why was the GATT replaced by the current WTO?
How did local and global economies change due to the GATT?
Did the GATT positively or negatively affect relations between countries?

Topic 3: Why

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