This report provides a comprehensive analysis of the World Trade Organization (WTO) within the context of international business. It begins with an executive summary and table of contents, followed by an introduction that highlights the importance of international business and the role of the WTO in regulating global trade. The literature review explores the motivations behind the WTO's formation, its key functions, the challenges it faces, and how its policies affect specific organizations and industries. The analysis and discussions section delves into the motivations for the WTO's creation, its functions, and the challenges it encounters in encouraging international trade. It also applies theory to practice by assessing the WTO's effectiveness through relevant examples. The report concludes with recommendations and a list of references, including books and journals, providing a well-rounded examination of the WTO's significance in the global business landscape. This assignment covers key aspects such as trade, policies, and how the WTO operates within the globalized world.
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