International Trade CT 7

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CT 7 Human Rights (125 Points) The WTO and the International Labor Organization have joined forces on a number of issues. One such issue is the reduction of informal labor, or black markets. Review the following summary of the results of a joint report on this issue: http://www.wto.org/english/news_e/pres09_e/pr574_e.htm, and watch the video presentations also found on that page. Summarize the findings of the report and, based on your knowledge so far in this course, provide your own assessment as to what role the WTO should play in addressing informality. Explain how an increase in informal economic activity may impact domestic formal economic activities, as well as potential foreign investors. Are there any benefits to a growing informal economic sector? Your paper should be 900-1200 words. Support your analysis by referencing and citing at least three credible sources, one of which may be the course textbook.
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