The document provides background information on the World Trade Organization (WTO). It details that the WTO was created in 1948 as the General Agreement on Tariffs and Trade (GATT) and lasted until 1995 when it became the WTO. The WTO administers trade agreements, acts as a forum for trade negotiations, handles trade disputes, monitors national trade policies, and provides technical assistance to developing countries.

1. Aquinas College Economics Department
The World Trade Organisation
Background
ECON4

2. Aquinas College Economics Department
Origin
Lasted until 1995 when it became the World
Trade Organisation
Created in 1948 as the Global Agreement on Tariffs and
Trade [GATT]

3. Aquinas College Economics Department
Members
Members EU Representation Observers Non Members

4. Aquinas College Economics Department
Director General
Pascal Lamy 05-13 Roberto Azevêdo 13-

5. Aquinas College Economics Department
Functions
• Administering WTO trade agreements
• Forum for trade negotiations
• Handling trade disputes
• Monitoring national trade policies
• Technical assistance and training for
developing countries
• Cooperation with other international
organizations
Source: WTO Website

6. Aquinas College Economics Department
AS Level Revision Site (ECON1, ECON2)
• http://www.aquinaseconomicsas.co.uk
A2 Level Revision Site (ECON3, ECON4)
• http://www.aquinaseconomicsa2.co.uk
Aquinas Economics on Twitter
• http://www.twitter.com/aquinaseconomic
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