Established to oversee trade agreements

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Reference no: EM131637409

The World Trade Organization (WTO) was established to oversee trade agreements, enforce trade rules, and settle disputes. Some troublesome issues have arisen when WTO has denied countries the right to impose environmental restrictions on imports from other countries. Thus, for example, the United States may not impose a ban on fish caught with nets that can endanger other sea life such as turtles or dolphins, while European countries and Japan will not be able to ban imports of beef from U.S. herds injected with antibiotics. Yet, other countries ban crops genetically modified to resist certain pests, or products made therefrom, unless labeled as such.

Reference no: EM131637409

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