Ian Explains: What is the World Trade Organization? | GZERO World скачать в хорошем качестве

Ian Explains: What is the World Trade Organization? | GZERO World

The World Trade Organization (WTO) has a huge role in almost every aspect of your daily life—from your morning Brazil-roasted coffee to the Chinese-made smartphone you’re probably using to watch this video. Sign up for GZERO Daily (free newsletter on global politics): https://rebrand.ly/gzeronewsletter Subscribe to GZERO on YouTube: http://bit.ly/2TxCVnY You probably don’t spend a ton of time thinking about the World Trade Organization (WTO), but it has a huge role in almost every aspect of your daily life—from your morning Brazil-roasted coffee to the Chinese-made smartphone you’re probably using to watch this video. The WTO is an international organization that deals with the complicated business of moving goods and services across borders. It’s kind of like the referee for global trade, setting the rules and providing a forum for countries to negotiate agreements and resolve disputes. It’s why you can buy avocados from Mexico, clothes from Vietnam, or cars from Korea in the United States without a second thought. Global trade ballooned to a staggering $32 trillion in 2022 and the WTO oversees 98% of it. The WTO has been a force for globalization. It’s opened up new markets, lowered tariffs, and lifted millions out of poverty, but it’s also received criticism for favoring wealthy nations and exacerbating global inequality. Not to mention a broken dispute settlement system that’s made resolving international trade conflict virtually impossible. On Ian Explains, Ian Bremmer dives into the history of the WTO, why the US is blocking appointments of WTO judges, and what all of this has to do with Japanese octopus. Watch the full interview on GZERO World: World trade at risk without globalization, warns WTO chief Ngozi Okonjo-Iweala https://www.gzeromedia.com/gzero-worl... Watch the upcoming episode of GZERO World with Ian Bremmer on US public television this weekend (check local listings) and at gzeromedia.com/gzeroworld. GZERO Media is a multimedia publisher providing news, insights and commentary on the events shaping our world. Our properties include GZERO World with Ian Bremmer, our newsletter GZERO Daily, Puppet Regime, the GZERO World Podcast, In 60 Seconds and GZEROMedia.com #GZEROWorld #WTO #GlobalTrade