The WTO Primer: Tracing Trade's Visible Hand through Case Studies

Paperback | December 15, 2007

byRichard Fulton, Kevin Buterbaugh

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Adam Smith famously described the marketplace as being guided by an "invisible hand". The modern international marketplace is guided by a set of rules of the game embodied in the visible hand of the World Trade Organization (WTO). This book describes the WTO from its post-WWII beginnings in the General Agreement on Tariff and Trade (GATT) through a series of negotiated enhancements of these agreements. It describes the WTO's origins, structure and growth pains as it has had to face challenges from within and without. Case studies illuminate the diplomatic and domestic political issues accompanying the difficult decisions confronted by the WTO.

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Adam Smith famously described the marketplace as being guided by an "invisible hand". The modern international marketplace is guided by a set of rules of the game embodied in the visible hand of the World Trade Organization (WTO). This book describes the WTO from its post-WWII beginnings in the General Agreement on Tariff and Trade (GA...

Kevin Buterbaugh is an Associate Professor of Political Science at Southern Connecticut State University. He has also written articles and reviews in the areas of U.S. Defense Policy, International Relations, Political Economy and U.S. State and Local Politics.  Richard Fulton is Professor of Political Science at Northwest Missouri St...

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Format:PaperbackDimensions:240 pages, 9.36 × 6.26 × 0.53 inPublished:December 15, 2007Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230600212

ISBN - 13:9780230600218

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Table of Contents

Introduction * PART I: HISTORY AND DEVELOPMENT OF THE GATT/WTO * The Gatt Rounds * The Uruguay Round and the Creation of the WTO * The WTO: Structures, Issues and Challenges * PART II: THE WORLD TRADE ORGANIZATION: CASES AND CONTROVERSIES * The Great Banana War * The Beef Over Beef: Food Safety Standards and the WTO * Enter the Dragon: China's Accession into the WTO * The Battle in Seattle * PART III: THE LOOK TO THE FUTURE * The New Found: Doha and Cancun * Conclusions: Foundations for the New Round