To understand this first united you will need to know this words:
- World trade organization
- Oversees
- Venue
- Agreements
- Trade barriers
- Quotas
- Controversial
- Contradict
- Trade Sanctions
- Free trade
- Boosts
SPEAKING
A: Aren't they having some sort of meeting in London right now?
B: Yes, it's called a Ministerial Conference.
A: I thought I saw something on the news about people protesting outside.
B: Well, like I said in my blog ... the WTO is controversial.
A: I don't see why. I mean, there needs to be some kind of organization to oversee international trade.
B: Some people think governments should be able to regulate it instead.
A: Yeah, but who's going to regulate the governments when they make trade deals?
B: Well, other governments could put their own trade sanctions on a country that violated any agreements.
A: It still seems like it's more practical to have one organization that govern's global trade.
WRITING
There is a World Trade Organization (WTO) Ministerial Conference taking place in London this week. These things are pretty controversial, there are those that say the WTO has too much power, for example a nation's laws mustn't violate the WTO's laws. Also the WTO can place trade sanctions on member countries if they violate a law. But without the WTO trade would only be regulated by trade deals made between countries, though it might be possible for other governments to put their own trade sanctions on a country that violated any agreements. And the WTO helps developing countries establish trade with industrialized nations, boosting the trade of all involved. It also ensures that global business between nations is equal and fair.
Ok
ResponderEliminar