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Institutional reform of the World Trade Organization (WTO) is needed to equip it for the challenges of the future. However, the major problem with rule making and decision making in the WTO is not the consensus rule or the decision-making rules in the Marrakesh Agreement Establishing the WTO. It...
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The WTO is an international organization with its own distinctive culture, which is derived from the practice and experience of the GATT. The WTO, however, is not the old GATT. The multilateral trading system was transformed into an international organization in 1995, and today, the WTO also...
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