Abstract

The caselet focuses on the WTO and its role in global trade. It discusses the failure of the Cancun Round of the ministerial conference. It goes into the impact of liberalization on different economies and the future role of the WTO.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• The efficacy of the World Trade Organization in regulating international trade
• Failure of the Cancun ministerial conference of the WTO
• WTO and its role in global trade liberalization
• Is there discrimination among member countries of WTO?
• and Objectives and future of WTO

Keywords

World Trade Organization (WTO), Cancun Round, G-22 countries, European Union (EU), General Agreement on Trade and Tariffs (GATT), World Bank, International Monetary Fund, liberalization, quotas, Doha development agenda