World Trade Organizations or developed Countries Organization? :: Essays Papers

Organizations or Developed Countries Organization? orb merchandise Organizations or developed Countries Organization?In the 16th century, England had a caboodle of colonies, which were located in Africa. At that time, the primary function of colonies were to supply affectionate materials to England, and England can sold all the finished products to the colonies in coordinate to win profits. This story is the beginning of international workmanship. In the 21st century, international plow is more busy than ever. check to comparative advantage theory, each rude should specialize and produce those products if the country has a comparative advantage on those products, and use those products to trade with opposite countries in order to achieve strong point and exchange theory. However, during the trade process, it may have a lot of problems attack out, so a world organization were established in order to solve those problems and try to make trade into a smooth process.The W orld Trade Organization (WTO), was established in 1st, January, 1995, which was created during the Uruguay Round Negotiations. There ar 146 countries as a member in the WTO. The main functions of a WTO ar administering WTO trade agreements, as a forum for trade negotiations, handling trade disputes and monitoring national trade policies. One of the main function of the WTO ar to enforce GATS (General Agreement on Trade in Services) and TRIPS (Trade-Related Intellectual Property). however what is TRIPS? It is agreements, which protect invent innovation and design around the world. In other words TRIPS is used to protect copyrights, trademarks which developed countries already, owns most of the shares on these. According to WTO, although TRIPS lead bring a short margin cost to evolution countries, and only short term benefits for developed countries. In the long term it can encourage innovation, discovery in the create countries. Once the developing country reaches ce rtain levels on protection copyrights or trademark, this TRIPS agreement will benefits to every single person. To explain the short-term benefits to the developed countries, as I have mentioned before, most of the patents, copyrights owned by developed countries, if developing countries motive to produce a product that have patents on it, the developing countries get to pay a royalty to developed countries or the corporation owns the right. In this TRIPS agreement, my argument is this agreement really helps the developing countries to become more innovation, discover, or is just the industrial countries want more money from the poor countries.