This was a great video. Just to clarify please, how exactly does Saudi Arabia bear more of the cost in underproducing oil. What cost/sacrifice is it bearing here ? Less revenue ? Sorry a lil confused about how to explain that cost
The World Trade Organization maintains a database of disputes filed with them. While the US is involved in many, there are lots of examples of cases that do not involve the US. Examples from the last year include: China v. Australia over wine, Dominican Republic v. Costa Rica over steel, EU v. Russia over protectionism, etc. See www.wto.org/english/tratop_e/dispu_e/dispu_status_e.htm for a list.
But why does the hegemon have to be a single state? Wouldnt two large states that are similar in size see the value of having a multilateral organization running and those both bear an unproportionate amount of costs?
Sir, have you considered the fact that, one might be watching your precisely explained short videos back to back for a holistic understanding. Yet the most profound sound I can recall is the way you say 'bye' after every video.
