What is the role of the WTO in resolving trade disputes?

The World Trade Organization (WTO) is an international body that helps resolve disputes between countries involved in international trade. The WTO works with member countries to set global trading rules and resolves disputes that arise between countries. The WTO plays a major role in resolving trade disputes between countries. When a trade dispute arises, a member country will contact the WTO to facilitate negotiations and help resolve the dispute. The WTO then uses their resources and expertise to come to an agreement between the parties involved. The WTO will look at the agreements between the countries, such as trade agreements, and use those as a basis for finding a resolution. The WTO is able to help resolve disputes by serving as a facilitator and offer mediation services. The WTO will review the claims and evidence provided by each country and use their knowledge of international trade law to come to an agreement between the parties. The WTO will work with the countries to design solutions that are in line with WTO rules and international trade laws. Once a solution is found, the WTO will ensure that the countries involved abide by the negotiated agreement. This helps to ensure that the trade dispute is resolved and that all countries involved remain in compliance with international trade law. In addition, the WTO can help by providing economic assistance or aid to countries that have suffered from a trade dispute. This can help countries recover from the effects of trade disputes and help to protect the global trading economy. The WTO plays a major role in resolving trade disputes and protecting global trade by setting standards, mediating disputes, and providing assistance to countries when needed. This helps to ensure that international trade is being conducted fairly and legally.

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What is the role of the WTO in resolving trade disputes?

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