International Trade Role of Leadership essay

Download this essay in word format (.doc)

Note: Sample below may appear distorted but all corresponding word document files contain proper formatting

Excerpt from essay:

The recent change in his designation will put him in greater pressure to display neutrality in such cases as heads WTO.

The role of Brazil in shifting its trade policy from an underdeveloped protectionist Latin American country towards becoming one of the fastest growing emerging economies with trade reforms will also be vital. Azevedo has to ensure that trade violations by Brazil do not go unchecked. Since the paramount responsibility of WTO remains to aid the process of trade liberalization, the role if its leader will be vital. Azevedo's predecessor did not achieve much success in bringing countries to liberalize their trade policies. The 'Doha' round spanning over a period of ten years did not yield much good results as well for the trade liberalization. The other impediments in Azevedo's way are the protectionist policies of Brazilian president Rousseff. Higher customs duties and tax incentives were provided by Rousseff to protect domestic industries. This was cited as an intervention in the role of local institutions of Brazil liberalizing the trade. Now Azevedo has been tasked to balance the amount of 'protectionism' that he would allow while being charged with dispensing justice to the majority of the countries who appeal against Brazil's role in protecting her domestic industries. The role of Brazil has been expanding in the last few years, while the country has increased her influence in WTO and other international institutions. As occurred in a recent article of the Guardian, "Azevedo's acid test will probably come in December, barely three months after taking office, with the ninth WTO ministerial conference in Bali. He will need all his talent to avoid further deadlock, at a time when people all over the world are asking what purpose the organization serves"(Broucier, 2013, Para 10). The main challenge for Azevedo will be bring back the leading role of WTO to host some serious trade agreement negotiations. As mentioned in the text of analyzed book, the rise in RTAs has led to a decrease in the role of WTO as a major player in international trade. Since RTAs are negotiated without the support or active participation of WTO, it is increasingly argued that WTO has got changed into a 'dispute resolution' forum only that happens to be only one forum within WTO. Although, Azevedo has stated that he would be setting off his 'Brazilian hat' to forge more close consensus between developed and developing countries, there are reservations as to how in the presence of such pervasive and deeply entrenched RTAs will enable a truly global free trade (Heilprin, 2013). Nonetheless, Brazil after analyzing the text and conducting independent research, it is safe to assume that drastic changes in WTO role in international trade might not take place. The main rationale is that domestic interest groups of Brazil are deeply entrenched in lobbying protectionism for several of Brazil's industries. Brazil has one of the lowest trade-to-GDP ratios (Kleckner, 2013) amongst the countries that were in the race to the top slot WTO.


The text provides an insight into the theoretical basis of international trade and how the policies of trade are formulated in countries. Domestic interest groups, political institutions, exchange rate, factoral and sectoral preferences, and international politics are described as the main forces that shape trade policy formulation. The change in ideas regarding trade is also termed as an important source of modification in trade policies of different countries and Brazil has been cited as the appropriate example of that. WTO has been at the center of dispute resolution amongst member states and the role of this international institution has now become questionable due to its becoming non-entity. The rise in number of RTAs that undermine true global free trade, have been cited as the main source of concern to the future of free trade. Azevedo, Brazil's top WTO diplomat has been appointed as WTO's head and the appointment is being seen as a challenge for Azevedo and for Brazil to prove sustained support to the cause of free trade.


BBC News Business. (2013. May). WTO names Roberto Azevedo as new Head. BBC News. Retrieved from:

Bourcier, N. (2013, May). Roberto Azevedo's WTO Appointment gives Brazil a set at the Top Table. The Guardian. Retrieved from:

Heilprin, J. (2013, May). Brazil's Roberto Azevedo Chosen as Next World Trade Organization Director General. Huffington Post. Retrieved from:

Kleckner, D. (2013, May). Will Azevedo revive WTO. Western Farm Press. Retrieved from:[continue]

Cite This Essay:

"International Trade Role Of Leadership" (2013, June 02) Retrieved December 10, 2016, from

"International Trade Role Of Leadership" 02 June 2013. Web.10 December. 2016. <>

"International Trade Role Of Leadership", 02 June 2013, Accessed.10 December. 2016,

Other Documents Pertaining To This Topic

  • International Trade the World Appears to Be

    International Trade The world appears to be shrinking as the global landscape continues to be developed by technology and new ways of communication. It is inevitable that this new intimacy will have, and has had, a significant impact on the economies of all nations. The purpose of this essay is to discuss the impact of globalization and how it can be used for benefit and gain competitive advantage in virtually any

  • International Trade Is an Important

    Only a few decades ago, China was a struggling economy. It is much newer in the free market economy system as compared to the already established economical giants, given the country's communist history. China, a country with an extremely high population, put its resources to its best possible advantage and that was something which contributed towards the country's rapid growth. China has one of the cheapest labor and energy and

  • Trade Agreements and Negotiations on International Trade

    Trade Agreements and Negotiations on International Trade International Trade Trade is important to countries all around the world. International trade opens up job opportunities and also leads to development of economic activity in every region of the trading country. The trading countries must also ensure that traders, whether self-employed entrepreneur, corporate executive or pensioner must bear the responsibility of making sure that goods and services are transported efficiently to global markets.

  • Understanding New Governance and Its Application to International...

    New Governance Application to International Trade Evaluation of New Governance Application of New Governance to International Trade for Free Market In today's robust world, scholars as well as the think tanks and tools of democracy and beaurcracy have been using a term "governance" or good governance rather frequently. Where governance in needed in every aspect of corporate management and public administration, it is important to understand how the very concept of governance has evolved

  • Economic Analysis The International Trade Market International

    Economic Analysis: The International Trade Market International trade plays an historically large role in the growth and prosperity of countries around the globe. Similar to the benefits that open trade within a country brings to that country's respective economy, trade on the international front improves the global market economy significantly. Trade generates competition, promotes the transfer and utilization of new technology and allows countries, customers, and businesses alike to access to

  • International Relations Studies and Research Programs From

    International Relations Studies and research programs from inter-disciplinarity of sociology have proved that the society is essential to be protected. Social, political, economic and cultural aspects are evidently vital in promoting development and the improvement of life style, which eventually accounts for societal development. From previous projects, the society is a depiction of human life illuminating facets of social life to coax the modern world systems. Various theories have summed up

  • International Management When Businesses Go International They

    International Management When businesses go international, they have to face a number of issues and challenges from their external environment. The international business environment is much more complex and multifaceted than local environment. Business organizations have to deal with a number of environmental forces that directly or indirectly affect their business operations. These forces include political forces, economic forces, social, cultural, and demographical factors, technological forces, and competitive forces (Loudon, Stevens,

Read Full Essay
Copyright 2016 . All Rights Reserved