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The institutional structure the Ministerial Conference the General Council The Dispute Settlement Body The Secretariat and the Director General The panels and the Appellate Body
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The shortfalls of the system lack of participation by developing countries and civil society green room negotiations the consensus technique the “WTO plus” and accession of new countries
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The main principles The most favoured nation principle National treatment Schedules of concession Custom valuation Prohibition of quantitative restrictions Principles about custom unions and FTAs
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The dispute settlement system Panels Appellate Body The inverted consensus technique The implementation phase and the imposition of countermeasures The limits of the system: the absence of compensation and cross-retaliation (countermeasures in sectors different from the one object of the dispute)
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The normative power normative power is very limited and trade relations are mainly managed through negotiations ex: Uruguay Round decision on trade and environment exception: the decision about TRIPs and access to essential medicines and the amendment of the TRIPs agreement
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