What are the benefits of being a member of the WTO?

Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organization keeps the global economy stable.

What is the WTO, and what is its history?
What are the benefits of being a member of the WTO?
What are the disadvantages?
How does it settle disputes?
Choose a recent dispute between 2 countries, and discuss it with your peers. Include the following:

Summary of what happened
How it was resolved
Role played by the WTO

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