In a report submitted to Congress on March 2, 2005 on the costs and benefits of continued participation in the WTO, the Administration cited a number of statistics that show growth in the U.S. and world economies since establishment of the WTO. Whether the growth cited was the result exclusively or mainly of activity in the WTO is arguable. Academic studies indicate that the United States would gain substantially from broad reductions in trade barriers worldwide. At the same time, some workers and industries might not share in those gains. Questions of governance and power are among the issues at …
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In a report submitted to Congress on March 2, 2005 on the costs and benefits of continued participation in the WTO, the Administration cited a number of statistics that show growth in the U.S. and world economies since establishment of the WTO. Whether the growth cited was the result exclusively or mainly of activity in the WTO is arguable. Academic studies indicate that the United States would gain substantially from broad reductions in trade barriers worldwide. At the same time, some workers and industries might not share in those gains. Questions of governance and power are among the issues at the heart of the debate on the WTO. Major decisions in the WTO are made by member governments, who determine their negotiating positions, file dispute challenges, and implement their decisions. However, some challenge the claim that the WTO is democratic in nature by arguing that smaller countries are left out of the decisionmaking and that governments tend to represent large commercial interests only.
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Congressional Research Service Reports
The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.
Fergusson, Ian F. & Sek, Lenore.World Trade Organization (WTO): Issues in the Debate on U.S. Participation,
report,
June 9, 2005;
Washington D.C..
(https://digital.library.unt.edu/ark:/67531/metacrs9676/:
accessed March 29, 2024),
University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.