Price: 6000 Naira ABSTRACT INTRODUCTION The WTO and its predecessor GATT have formed rules and discipline for ensuring multilateral trade among nations. Its overriding objective is to ensure that trade flows smoothly, freely, fairly and predictably. At the heart of the system are the WTO’s Agreements which are the legal rules for international commerce. This appears to be the greatest supranational, international economic institutional structure established to promote international trade and globalization. However, these global trade rules formulated by the WTO are fraught with many inadequacies and hence pose serious challenges to developing member countries such as Nigeria. The immediate objective of this research was examine the propriety of developing countries like Nigeria signing these international trade agreements hoping that by doing so, they will reap huge economic benefits. However, the benefits and costs of trade liberalization (the driving force of globaliz...
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