WTO

In terms of economy, there are several perspectives and opinions that concerned with the globalization. On top of that, the organizations such as the World Trade Organization are supporting the free trade market. According to the official site The World Trade Organization, “The World Trade Organization(WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.” Through the organization such as WTO, the world can be connected more efficiently and frequently. That is because the international organization concerns all over the world, regulating or adjusting many countries. For example, they try to remove the trade tax, so that they promote the trade among the countries more freely. In that situation, the connection and dependency of trading many goods becomes deeper more and more.