1. World Trade Organization

2. General Agreement on Tariffs and Trade (GATT) Agreed on at the Bretton Woods conference in 1944. GATT was approved in 1947 and provided trade rules for countries of the world. The purpose of GATT was to encourage members to gradually lower tariffs so that trade was freer. Total international trade in 2000 was 22 times higher than it was in 1950.

3. World Trade Organization Est. 1995 to trade by trade barriers and making trade more predictable Jobs: –Ensure terms of trade agreements are followed –Settles trade disputes between governments –Conducts trade negotiations

4. The decisions made by the WTO are binding and must be followed –These decisions are made by coming to a consensus –This means that: Decisions take a long time Often use vague language, that is open to interpretation

6. Disputes in the WTO A panel of 3 officials hears the arguments of both sides and makes decisions Can force country to change laws or make payments

7. Sanctions The WTO has the power to use sanctions: –Economic actions such as trade boycott to enforce a decision.

8. Softwood Lumber Dispute United states imposed duties on Canadian softwood lumber EXPLAIN!: Ruling: In Canada’s favour: Removed tariffs on Canadian lumber and required the U.S. to repay about 80% of the more than 5 billion it had collected

9. Perspectives on WTO Opposition –WTO has too much power –WTO is not democratically accountable –WTO does not care enough about problems in the developing world –The WTO has not done enough about the environment

10. Perspectives on the WTO Supporters: –Trade improvements have raised living standards around the world –Rules were written by all member states Many of which are democracies

11. Trade Agreements

13. NAFTA (1989) North America Free Trade Agreement –Between Canada and the United States. Expanded to include Mexico in 1994 Created the largest free trade zone in the world

14. NAFTA SupportersNAFTA Opponents Create thousands of high paying jobs Raise standard of living in Canada, Mexico and the United States Improve Environmental and employment standards Transform Mexico into a developed country Thousands of jobs to leave Canada and the US and go to Mexico Create “race to the bottom” for wages in all three countries Undermine health, environment and safety standards Undermine the ability of member states to make their own decisions

19. The FTAA is a collaboration among 34 democratic governments in the Americas, including Canada, to ensure the prosperity, democracy and free markets for goods and services in the hemisphere.

24. European Union Came into effect in 1991 after more than 40 years of negotiations Eliminated obstacles to cross-border trade among EU members

25. Reducing costs by using suppliers of products and services in less developed parts of the world.

26. Outsourcing

27. Watch the following videos CBC NIR WTO Protests in SeattleWTO Protests

28. Kyung-Hae Lee

29. The WTO Kills Farmers 1, 2, 3, 4, 5, 6, 7, 8 I did my best to make it in the world I plowed by sweat in tears into the fertile Generation, generation, generated what was needed for supply to meet demand The sun shone bright on the ancient range Then the promise of the future turned the Neo-Liberal Plain The people's voice shut up, shut down, abstain Is it gonna take a martyr to end the charade? They tell you that you're out of luck While people fall they watch their profits rocket up

30. The WTO Kills Farmers S.O.S., this is a global call You better make a stand You better make it now Take back your rights from the IMF, World Bank and Monsanto S.O.S., this is a global call You better make a stand You better make it now Corporatocracy leads to profits for killers, profits for killers, no!

31. The WTO Kills Farmers Geneva to Washington, Cancun to Seoul The Corporate Welfare State running out of control The Corprocrats have got the guns, but their numbers are few They can kill democracy, but they cannot kill the truth (So!) Step out on the matrix of the corporate slave (So!) Step into the world of the living wage Not for one, not for two, not for three or four But for every single citizen around the ****** world

32. The WTO Kills Farmers The people in the fight of our lives The spark of revolution in a farmers' suicide S.O.S., this is a global call You better make a stand You better make it now Take back your rights from the IMF, World Bank and Monsanto

33. The WTO Kills Farmers S.O.S., this is a global call You better make a stand, You better make it now Corporatocracy leads to profits for killers Just a bunch of killers! profits for killers When they wage war on you, you lay asleep When they poison your food, you choose to drink There's poison in the well!

34. The WTO Kills Farmers (Stand Up! Resist!) Monsanto are killers, k-k-k-k-killers (Stand Up! Resist!) Syngenta are killers, k-k-k-k-killers (Stand Up! Resist!) The World Bank are killers, k-k-k-k-killers (Stand Up! Resist!) (Stand Up! Resist!) The WTO are killers, k-k-k-k-killers (Stand Up! Resist!) Oh no...

35. Journal Entry Write 200 words on your feelings about the WTO or the IMF as an anti- globalization protestor or as a farmer in a third world country