CONCLUSION

Most of the criticism leveled against the GATT and Uruguay round negotiation still hold true about the WTO.Economics implication of the WTO agreement on various field will be wide and varied.Through it may succeed in freeing trade and globalization to an extent,it will to create a balanced growth of world economy.it may also prave a greater way for the growth of economic imperialism of a few developed industrialized nations world over.A New economics order which may be envisaged through the operation of the WTO will certainly breed new prolems and new issues with more complication and undesirable consequences in negotiations,disputes and disagreements is not unlikely when side by side with WTO globalization,regionalisam and trade blocs and emerging and strengthening I, the process of expanding unbalanced world economy.possible emergence of economic imperialism with the growing dominance of foreign MNCs as well as emerging unfaircapitalism under speculative pursuit in stock market and forex market developing countries are exposed to a new danger the impact of globalization and liberalization forced by the WTO.if it goes beyond limit,globalised market economies may derail with dire consequences at all level-economic,social and political the WTO needs a rethinking issue to build-up a JUSTand ROBUST Global Capitalism rather than paving the way for unfair capitalismin the new world economic order.