This article discusses the history, role, strengths and weaknesses of the World Trade Organization (WTO) in international commercial law. It also explores the advantages and disadvantages of arbitration and the costs of resolving an international commercial dispute by arbitration in Australia. The WTO is an intergovernmental organization that administers trade all over the world. It provides a framework for the negotiation of trade agreements and dispute resolution procedures. The advantages of arbitration include saving time and cost, and the ability to choose a neutral and competent decision maker. However, the major disadvantage is the absence of appeal in international arbitrations. The costs of resolving an international commercial dispute by arbitration in Australia are governed by general regulations which govern the exercise of power in this regard.

TERM 2, 2018 ASSESSMENT 2 INDIVIDUAL WRITTEN ASSIGNMENT

Discuss the history and role of the World Trade Organization (WTO), and the strengths and weaknesses of the WTO. Discuss the advantages and disadvantages of arbitration, and explain the benefits and the costs of resolving an international commercial dispute by arbitration in Australia.

Discover the WTO's history, strengths, and weaknesses in international commercial law. Plus, weigh the pros and cons of arbitration and its costs in Australia.

History, Role, Strengths and Weaknesses of WTO

International Commercial Law

This research paper discusses the history of WTO, achievement of its objectives if at all, and its challenges. It ends with a conclusion.

Hartpury University and Hartpury College

Languages and Culture

The World Trade Organization (WTO): History, Achievements, and Challenges

INTERNATIONAL TRADE LAW

This article discusses the World Trade Organization (WTO) and its history, functions, advantages, and disadvantages. It also explains the types of arbitration and their outcomes. The article provides insights into the Ministerial Conference and the Doha Round of development. It highlights the differences between mandatory and voluntary arbitration and binding and non-binding arbitration. The article concludes by discussing the enforceability of arbitrary decisions in the court of law.

De La Salle University

Economics

International Trade Law and Arbitration: Understanding the World Trade Organization and Alternative Dispute Resolution

This essay provides an analysis of the history of international trade agreements under the purview of the GATT system and the World Trade Organization (WTO), as it came into being in the year of 1994.

Political Science

Foreign Trade and Investment Law

This article examines the failure of the World Trade Organization (WTO) in terms of its Anti-Dumping Policies and the Agreement on Countervailing Subsidies. It discusses the reasons behind this failure and the impact it has on global trade. The WTO's passive role and lack of control in enforcing these policies have led to economic imbalances and political disturbances in member countries. The article also highlights the vulnerabilities and court cases associated with dumping activities.

International Commercial Law

The World Trade Organization (WTO): History, Achievements, and Challenges

International Trade Law and Arbitration: Understanding the World Trade Organization and Alternative Dispute Resolution

Foreign Trade and Investment Law

Failure of WTO's Anti-Dumping Policies

Assignment on World Trade Organization

International Commercial Law: WTO and Arbitration in Australia

International Commercial Law

The World Trade Organization (WTO): History, Achievements, and Challengeslg...

International Trade Law and Arbitration: Understanding the World Trade Organization and Alternative Dispute Resolutionlg...

Foreign Trade and Investment Lawlg...

Failure of WTO's Anti-Dumping Policieslg...

Assignment on World Trade Organizationlg...

International Commercial Law: WTO and Arbitration in Australialg...

The World Trade Organization (WTO): History, Achievements, and Challenges

International Trade Law and Arbitration: Understanding the World Trade Organization and Alternative Dispute Resolution

Foreign Trade and Investment Law

Failure of WTO's Anti-Dumping Policies

Assignment on World Trade Organization

International Commercial Law: WTO and Arbitration in Australia