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INTRODUCTION
Theseconddecadeofthe21
st
centuryconfirmsthegrowingneed
toredefinethemeaning,participationin,anddevelopmentofamul-
tilateraltradingsystem.Byliberalizingtrade,nationsbenefitinmany
diferentareas.Tradeallowsthemtoincreaseaccesstonewgoods
andservices,newtechnology,etc.Itistheeasiestwaytoimprovetheir
competitiveadvantagesandtodevelop.ThisleadstoGDPgrowthand
ariseinthestandardofliving.
TheWorldTradeOrganizationandtheGeneralAgreementon
TarifsandTrade,itspredecessor,haveprovidedaplatformfortheir
memberstonegotiatechangesinpoliciesthatimprovetheconditions
oftradeonaninternationallevel.Theauthorshaveexaminedthevari-
ousaspectsoftheWTO’sfunction,development,structure,principles,
role,andactions.TheyalsodiscusshowtheWTOcanbeshapedto
makeinternationaltrademoremultilateral.
Thisbookisanattempttodrawattentiontothesignificanceofthe
WTOininternationaleconomicdiplomacy.Itfillsagapamongpubli-
cationsonthemultilateraltradingsystem,anditaddressestendencies
andchallengesconfrontingthefunctioningoftheWTO.Thecontent
makesthebookuniqueandspecial.Itsgoalistoprovideanewap-
proachtoeconomicandbusinessstudies.Itshouldassistthosewho
dealintheinternationalmarkettoenhancetheirknowledgeofthe
competenciesoftheWTOandofthemultilateraltradingsystem.
