Misadventures of the Most Favored Nations
Clashing Egos, Inflated Ambitions, and the Great Shambles of the World Trade System
by:
Paul Blustein
Summary:
The book provides an in-depth look at the inner workings and turmoil within the World Trade Organization, detailing how personal rivalries and political conflicts among member nations have led to dysfunction and impeded global trade agreements. It offers a critical examination of the WTO's failures and the consequences of these breakdowns for the international trading system.
Key points:
1. Complex Global Trade: Blustein's book explains the complicated nature of world trade, showing how various countries' interests and policies make it hard to understand and create fair agreements.
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