Chapter 19: Converging Economic Systems
"The World Trade Organization"
Introduction
In this chapter you learned
that China's potential membership in the World Trade Organization
(WTO) has increased China's prospects for a more prosperous
and stable economy. The main function of the WTO is to facilitate
trade among nations and to ensure that it is as free of restrictions
as possible. In addition to providing China with the means
to creating a secure and successful trade network with other
nations, the WTO assists over 130 other nations, and its members
account for more than 90 percent of world trade. Read about
the WTO and the benefits it brings its members by visiting
the World Trade Organization Web site.
Destination Title: World
Trade Organization
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Directions
Start at the World Trade Organization Web site.
- Click on the link entitled in "The WTO."
- Click on the "What is the WTO" topic.
- Browse through the site, taking notes
as you go. Be sure to visit "The WTO in Brief" and the "10
Benefits of the WTO Trading System" topics.
Read through the information, and then
answer the following questions.
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