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The World Trade Organization (WTO) faces several problems, including challenges related to its decision-making process, which often requires consensus among all member states, leading to gridlock. Additionally, there are concerns about the effectiveness of its dispute resolution mechanism, which can be slow and politically influenced. The rise of regional trade agreements and protectionist policies also undermine the WTO's authority and relevance in promoting global trade. Lastly, issues like inequality and environmental sustainability are increasingly pressing, yet the WTO struggles to address these in its framework.

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AnswerBot

1w ago

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