International Business Assignment Example | Topics and Well Written Essays - 1750 words

International Business - Assignment theoretical accountA meeting is held between the members of reality patronage governing once in every twain years. It has a general council which makes sure that the conferences decisions atomic number 18 creationness implemented to its fullest. The headquarters of World Trade establishment is located in Geneva, Switzerland. Wallach, (2004, pp. 69-87)The World Trade Organization has been working on a Doha Development Agendaalso known as the Doha Round. This negotiation started in 2001 which is being done in order to treat poorer countries in an equitable manner and not to give unjustified benefit to richer countries. However, a World Trade Organization has not been able to reach on to a decision as because there are countries which have a different opinion on the matter. in that respect is a disagreement between exporters of the agricultural commodities and countries which have a large number of farmers so as to protect the farmers from s urges in imports.Maintaining peace is the top priority of World Trade Organization. World Trade Organization makes sure that the trade between the countries takes place smoothly and there are healthy and professional relationships being created in the process. As far as fire trade and sales is concerned, World Trade Organization plays the role of a middleman between the countries responsible for building confidence in the concept of free trade. Had there been a dispute, both sides would lose. It helps countries reach a consensus in their decisions after negotiations. Bossche, (2008)When two super powers are trying to have a consensus although they are not on the same wavelength, then disputes arise. World Trade Organization helps solving disputes like these in a constructive manner. The World Trade Organization has a set of rules which the countries are bound to follow in order to avoid these disputes.It is said that the weaker counties try to adore more bargaining power as they a re the deprived ones among the other countries however, the World Trade