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... Essentially, the Cancun talks were supposed to be an upgrade to the Doha rounds two years prior. ... It can be interpreted that the north is dominating all facets of the WTO and are having a hard time budging on some of the south’s offerings (removal of subsidies/tariffs to give them an easier chance to compete). ...
WTO – A democratic system in theory. ... The players in it are almost every trade exporting/importing country in the world (146 members)
Doha Rounds – Took place in Doha, Qatar, their capital. ... The Cancun talks were essentially a carry over of this. ... It seemed as though the WTO had been deflated, and that trade negotiations were something of a dream, an ideology manifested in the utopian liberalism that exists somewhere outside this world. ... Extremists would argue that it is pure propaganda at the hands of the north, and that the WTO is merely an organization for developed countries to become even wealthier at the hands of undeveloped countries. It would be argued that every decision could be made without the WTO, because it is essentially made by the EU, U. ... Those that support the WTO feel that it is a solid democratic process in theory and in practice. ... Somewhere in the middle of the road would be to admit that the WTO has faulted of late in the Cancun talks and Doha Rounds. ... The WTO needs to reestablish itself into being slightly more democratic and stop favoring the north. ... As the WTO did in 1995 changing from GATT, they will probably need to do so again in the near future. I took the liberty of visiting their web page, and it is filled with optimism about the Cancun talks and of countries willing to work things out, yet I am not so optimistic.
Approximate Word count = 1444
Approximate Pages = 5.8
(250 words per page double spaced)
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