UNIVERSITY OF MAKATI

J. P. Rizal Ext., West Rembo, Makati City

COLLEGE OF BUSINESS AND FINANCIAL SCIENCE

Department of MARKETING MANAGEMENT

Course Title Title

Module No. 3
WORLD TRADE ORGANIZATION

GLOBE/INTERNATIONAL
Module Leader AMADEO C. LANUZA, JR., Ph. D
TRADE

Module
AMADEO C. LANUZA, JR., Ph. D
Contributor

How long the student should take this module?

Time Frame: The students are expected to finish all the activities, assignments,
and assessments of this module in two (2) session for (3) hours @ 1.5
hour per session.

This section shall provide the students with instructions on how to complete
the module, to wit:

1. Readings of different sub-topics given in World Trade Organization,

Chapter 3 of International Trade and Finance book of Dr. Lanuza, A.
How to Complete this C. Jr. (2019 Revised edition).
module?
2. View video lectures on:
Youtube –
https://www.youtube.com/watch?v=qtxpIb6yDLw-WTO Rules and
Regulations of Trade Among Countries
https://www.youtube.com/watch?v=U8SqaOgFZWg – The WTO
System (Institution, History and Principles)
https://www.youtube.com/watch?v=3Gqq2sBWai4-The WTO-
Explained with Maps
https://www.youtube.com/watch?v=jRH5XGyQXow – Introduction
to the WTO

Via Google – www.wto.org -The WTO in Brief

www.economicsdiscussion.net

3. Power point presentation - showcasing the main function and

objectives of the World Trade Organization, (11 slides show, 67 –
77).

4. Submission of Synopsis Paper about the topics discussed.

Teaching Strategies Use of UMAK-LMS, Voice-over Power Points Presentation, or You-tube video-
recorded lectures and Online links.
 Introduction/Overview. This section serves as an introduction to the module students are beginning.
It has four elements:

1) Impart to students the significance of US Trade Policies among the 164 member nations relative
to the functions of the World Trade Organization affecting afore-cited member countries;

2) To recognize WTO’s main function in ensuring that trade flows as smoothly, predictably and
freely as possible – as it oversees the implementation, administration and operations of the
covered agreements between member countries;

3) As one recognized function of WTO is to provide a forum for negotiations and settling disputes;
and

4) Extends assistance on developing least-developed and low-income countries in transition to

adjust to WTO rules and discipline through technical cooperation and training.

This module aims to develop knowledge, skills, and attitude of the students in learning the role,
main function and objectives of the World Trade Organization.
INTRODUCTION

Topic: World Trade Organization

The World Trade Organization came into being in 1995, and the result of eight years of GATT
negotiations. One of the youngest of the international organizations, the WTO is the successor to the
General Agreement on Tariffs and Trade (GATT), an international organization created in 1947 in the
wake of the Second World War for the purpose of reducing trade barriers through multilateral
negotiations. The WTO is the only international organization dealing with the global rules of trade
between nations.

Based from the foregoing narrative, the students are expected to cite the role and principal function
the World Trade Organization to prove the statement? The entire topic is consists of the following sub-
topics, viz:

1. The WTO – Main Function and Objectives

2. WTO Formal Structures, Other Committees and Secretariat
3. The WTO Agreements – Services, Intellectual Property, Dispute Settlement, Policy Review,
Technical Assistance and Training and Development and Trade.
4. Key Problems with U.S. Policy
5. Subsidy Rules to World Trade Organization
6. Sets of issues of US agenda for the new WTO
7. Principles of WTO Trading System
8. Globalization and World Trade
LEARNING OUTCOMES

1. Knowledge: A working conceptualization of the role, function and objectives of the World Trade
Organization; its formal structure, other important committees and the Secretariat;

2. Skills: Application of the WTO Agreements on a country to country or government to government

basis or business to business international transactions;

3. Knowledge: On the various services rendered by WTO towards its members, settlement of
disputes, technical assistance to low-tech member countries, training and development initiatives;
 The entire topic of Chapter 3 – World Trade Organization is consists of the following sub-topics, viz:

1. The WTO – Main Function and Objectives

2. WTO Formal Structures, Other Committees and Secretariat
CONTENT

3. The WTO Agreements – Services, Intellectual Property, Dispute Settlement, Policy Review,
Technical Assistance and Training and Development and Trade.
4. Key Problems with U.S. Policy
5. Subsidy Rules to World Trade Organization
6. Sets of issues of US agenda for the new WTO
7. Principles of WTO Trading System
8. Globalization and World Trade

Group Tasks: Each group of five (5) students is required to submit a “Synopsis” of each of the Topic at
the end of every session. The format of the paper should contain a Cover Page using the CBFS
Letterhead, The Topic Title at the center of the page, indicate Submitted by: (Names of Student, Course
ASSIGNMENT

and Year, date submitted beneath the names). Also indicate Submitted to: (Complete name of the
Professor-all in bold letters). Each member of the group should contribute at least one paragraph of
his/her concluding remark and a photo at the bottom of the page showcasing the conclusion made. The
photo, if relevant maybe extracted from the 11 Power Point slides (# 67 – 77 on a (face to face) lecture.
Ensure that your conclusion should at least reflect the goals set under the “Learning Outcomes” marginal
column. The whole set of paper should have a minimum number of six (6) pages, including the cover
page. The Paper format should be presented on a font style of Arial, # 12. Therefore, each group is
tasked to submit at least a set of synopsis paper at the end of Module 3.

Each group of students shall be assessed by the Lecturer/Professor by way of Group Oral Revalida.
(Face-to-face classroom setting). They will be asked questions based on their understanding of the
contents of the Topics subjected to survey readings, viewing and discussions.
ASSESSMENT

This is where you should provide clear and explicit details on how you will evaluate/assess student work
and participation through each module. Each assessment must be checked against the Learning
Outcomes of the module. All assessments are to be completed at the end of every module.

Recitation or Class Participation during the face to face classroom instruction.

Literature Analysis based on survey readings made on the topics assigned for readings.
Oral Quizzes on Topics found in Chapter 3 of the Handbook; Answer the Questionnaire on Slide # 77.

Rubrics
(World Trade Organization)

Date/Time Topic/s Enrichment Activities Evaluation

Session 7 – 1.5 hr. The WTO – Main Function and Watching of at least two Random call for
MTH 4:30-6:00 PM Objectives, WTO Formal Structures, (2) video clips and oral argument
Sept. 10 &14, 2020 Other Committees and Secretariat reading of a PDF or an opinion.
TF 4:30 – 7:30 PM The WTO Agreements – Services, file from the Google;
Sept. 11-15, 2020 Intellectual Property, Dispute Power point presentation
WED 6:00-9:00PM Settlement, Policy Review, of 11 slides depicting the
And RUBRICS

Sept. 16, 2020 Technical Assistance and Training given topics on the left.
and Development and Trade.
Session 7 – 1.5 hr. Key Problems with U.S. Policy Watching of another two Random call for
MTH 4:30-6:00 PM Subsidy Rules to World Trade (2) video clips and oral argument
Sept. 10 &14, 2020 Organization reading of a PDF or an opinion.
TF 4:30 – 7:30 PM Sets of issues of US agenda for the file from the Google;
Sept. 11-15, 2020 new WTO Power point presentation
WED 6:00-9:00PM Principles of WTO Trading System of 11 slides depicting the
Sept. 16, 2020 Globalization and World Trade given topics on the left.

Literature Analysis (Synopsis) of surveyed reading materials shall be credited of = 30%

Critical Analysis (Pros and Cons/Positive or Negative/Distinguishing or Differences) = 50%
Writing Skills of the Synopsis (Technique in Grammar/Sentence Construction) = 20%
 Required Readings:

Hill, Charles W. L., International Business (Competing in the Global Market Place). 7th Edition
Lanuza, Amadeo Jr. C., International Trade and Finance. Copyright A2009-2835, 2019 Revised Edition.
Ortiz-Espina, Esteban; Beltekian, Diana., Trade and Globalization – Article published in 2014; last
revised in October 2018, Newsletter-Our World in Data – (GCDL) Global Change Data Lab and University
REFERENCES

of Oxford, OX2, U.K.

Other references:
Youtube –
https://www.youtube.com/watch?v=qtxpIb6yDLw-WTO Rules and Regulations of Trade Among
Countries
https://www.youtube.com/watch?v=U8SqaOgFZWg – The WTO System (Institution, History and
Principles)
https://www.youtube.com/watch?v=3Gqq2sBWai4-The WTO-Explained with Maps
https://www.youtube.com/watch?v=jRH5XGyQXow – Introduction to the WTO
Via Google – www.wto.org -The WTO in Brief
www.economicsdiscussion.net