
In this chapter, we learn the emergence of World Trade Organization
(WTO), its objectives, its core principles, its functions, its organiza-
tional structure, the Ministerial Conference, the dispute settlement
mechanism, various WTO agreements, trade policy review mecha-
nism, WTO and the MFN clause, WTO, IMF and the world bank, WTO
and developing countries including India and nally the evaluation
of WTO including criticisms and the bene ts WTO brings to coun-
tries like India including certain implementation issues. After reading
this chapter, we will be clearly able to understand the problems
issues and bene ts India encounters as a member ...