At the center of the controversy is the World Trade Organization (WTO). The WTO was established in 1995 in order to transform the General Agreement on Tariffs and Trade (GATT) into an enforceable global commercial code. Critics of the WTO say that instead of being run democratically and in the interest of member countries, it has become the enforcer of corporate managed trade. A system whose ethics are not in favor of the public interest, instead the focus has shifted to large corporations and making money. Profit is the motivating factor behind decisions made by the WTO. By looking at international trade from the rational perspective, the WTO has not only failed to protect consumers, workers, and the environment, it has also acquired a number of opponents and protestors.

Recent issues concerning the WTO include President Clinton's signing of a bill, which g

Companies, individuals and countries alike all view the perspective of the rational dimension. The economy as a whole is rational. Groups such as the World Trade Organization (WTO) are using their hierarchy of power to benefit themselves. The WTO has enforced it's own laws on the opening of trade barriers. They made the decision that it's legal to import bovine somatotropin meat (organically produced meat) from the USA. As stated by Tom Wheeler in "The World is Not for Sale", a Panel of the WTO ultimately decides what's good for both the countries and the consumers of these produced foods. This provides no opportunity to consult or anyone's right to appeal. (www.altpr.org)

Another prominent issue concerning the WTO is organically produced foods, which have become a highly demanded product in the last few years. Countries take part in distributing and manufacturing foods because it has led to an increased amount of trade (increasing exports and minimizing imports). The parties that have benefited most from organically produced foods are farmers and agricultural businesses in other countries. But a negative impact would be increased competition among businesses. This represents a rational point of view. Competitors are only conce

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Approximate Word count = 841
Approximate Pages = 3 (250 words per page double spaced)