Saturday, September 19, 2009

bin_forgottin: Why cant the USA pull out of the WTO?....It is a voluntary memmber ship

reb:Part 1: The IMF, World Bank and WTO 
Background Information  


Created by the US and British Governments at The Bretton Woods Conference after World War II (1944 Hampshire, USA), The International Monetary Fund (IMF) and The World Bank (WB) were designed to ensure economic and corporate sustainability in countries affected by the war- mainly in Europe. The World Trade Organisation was established more recently, in 1995, to replace the General Agreement on Tariffs and Trade (GATT). The WTO aims to lower tariffs and non-tariff barriers so as to increase international trade.http://www.stwr.org/imf-world-bank-trade/decommissioning-the-imf-world-bank-and-wto.html

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