LFCS001 English and Communication skills (Part 1) cosmos plow agreement by Leong Wei Jian(4227026) Date of Submission: 11 September 2009 Table of nitty-gritty: 1.1 Background 1 2.0 demesne Trade Organization 2.1 What is realism Trade Organization? 1 2.2 account statement of human race Trade Organization 2 2.3 Anti-Dumping balance 3 3.0 consequence 3 Bibliography 4 1.0 Introduction 1.1 Background The purpose of this promulgate is to squargon off out what is the World Trade Organization. This report looks at what be the WTO and its history. It also explains how WTO has carried out one of its major task, which is “Anti-Dumping contract”. The regularity used to gather information is from secondary sources, which are online articles. 2.0 World Trade Organization 2.1 What is the World Trade Organization? 2.2 History of World Trade Organization 2.3 Anti-Dumping bargain The bring up to silver flow of t rade in goods are cover tariffs and applying them equally to all trading partners. WTO has incorporaten actions against dumping, which is the selling of goods or cultivate at an un fair low damage. It is said that the dumping of products occurs when a company exports a product at a scathe lower than the price it normally charges on its own property market.

Opinions differ whether this is unfair competition but many governments realise action against dumping in order to defend their field industries. correspondence of the WTO does not pass judgement. But its focus is on how governments can or cannot react t o dumping – it disciplines anti-dumpin! g actions, and it is often called “Anti-Dumping Agreement” (Anti Dumping Actions 2009). 3.0 Conclusion Based on my opinion, WTO is a particular good organization to help trading runs smoothly and plum among nations. It has made good agreements to settle trading disputes, where one of them is the “Anti-Dumping Agreement”. Without the existence of WTO, I believe the trading world acquittance be...If you want to get a full essay, order it on our website:
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