Importance of International Business and the Role of WTO

This report discusses the importance of international business and the role of the World Trade Organisation (WTO) in managing trade relations and resolving conflicts. It examines the motivators behind the formation of WTO, its functions, and the challenges it faces in encouraging trade between countries. The report also highlights the impact of WTO on international businesses and the policies it implements. Overall, it emphasizes the significance of international trade and the need for effective trade policies and agreements.