World Trade Court

The world trade court is an appellate court of the World Trade Organization (WTO). However, the term is not accurate, because the World Trade Court is more like an arbitration body than a typical criminal or civil court. Also, the term World Trade Court has not yet come into common currency. There has been resistance in some quarters to using the term because it implies a move toward permanent institutionalization and because it cannot issue decisions that are enforceable legal opinions like those in domestic legal systems. The appellate body of the WTO was created to serve as a world trade court in order to aid the WTO in fulfilling its mission—to help producers of goods and services, traders, exporters, and importers conduct their business. ...