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Discuss the development of the GATT and the creation of the WTO. What are the basic...

Discuss the development of the GATT and the creation of the WTO. What are the basic principles of the GATT/WTO? What are the most important features of the WTO? What impact have the GATT and WTO had on the global trading system? Explain the dispute resolution process, with an example. What are some key problem or criticisms facing the WTO? Discuss at least two specific examples of a controversy involving the WTO.

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