Ever since its establishment, the World Trade Organization has been the most important entity managing international trade. While its capabilities must not be underestimated analysts believe that it has the potential to boost global market by hundreds of billions of USD and improve the living standards of millions of people many criticize the organization's slow methods of operation and inner disagreements that often over-shadow the progress. Experts claim that - if WTO is, indeed, able to incorporate all of the planet's largest economies and ensure that they work together towards liberalizing international trade on a fair basis - then many bold goals can be attained, yet member countries need to remember that much effort is still needed before all of WTO's initial objectives are achieved. In order to find out more about the World Trade Organization, its history, development and main agreements read this book.