Why Adjudicate Enforcing Trade Rules In The Wto
Adjudicating and enforcing trade rules within the World Trade Organization (WTO) is crucial for maintaining a stable and predictable global trading system. It provides a neutral mechanism for resolving disputes, preventing unilateral actions that could escalate into trade wars and undermine international cooperation. This process ensures that all members adhere to agreed-upon commitments, fostering fairness, transparency, and trust essential for economic development and the smooth functioning of the multilateral trading framework.