Details: The Indian and Chinese governments are often accused of controlling their currencies, and producing products at artificially low prices to obtain competitive advantage in the global marketplace. The World Trade Organization (WTO) and other similar international organizations were created to prevent trade disputes from escalating into trade wars. As part of the ongoing training for its new managers, the board has asked you to write a position paper on the subject. A position paper outlines the stance the company should take and provides support for that position.
Research the history of WTO and another similar international organization created to prevent trade disputes from escalating into trade wars.
Explain both the historical and current procedures in detail utilized to prevent trade disputes from escalating into trade wars.
Fully discuss the procedures used to resolve a dispute between countries.
Use the Internet and Library databases in your research. Be sure to cite all references in APA format. For more information on APA, please visit the APASTYLE Lab.