In this world of ever-increasing interdependence of national economy, the World Trade Organization has been gaining importance in promoting freer trade and investment. Taiwan has joined the WTO for more than three years, and has been trying every effort to implement its duties under the WTO. For example, Taiwanese law of intellectual property rights has set up a far higher protection standard above that required under the TRIPs. And the effective enforcement of the copyright law and the trademark law has recently gained recognition from major IP-Exporting countries, including the United States. Taiwan has been sincerely carrying out its duties and obligations under WTO rules, and indeed quite a lot of Taiwanese farmers are suffering from this open policy now. The WTO is an implementing organization, rather than a policy-making one. Quite a few of new global issues have been discussed preliminarily in such organizations as IMF, OECD and WIPO and then passed on to the WTO for further implementations after some consensus has been reached. Although these decisions affect Taiwan so much, she unfairly could not be heard when those decisions were made. The only reason for that unbearable unfairness is not that Taiwan has done something wrong and has to be punished, but that Taiwan is not a country and cannot be a member of these organizations. Lord Denning, one of the greatest British justices of the former century, discerned this human mischief and held in a leading case that Taiwan is a country in terms of international sports affairs two decades ago. By the same token, Taiwan is a country or state in terms of international trade, international financial affairs, and international intellectual property protections. Thus Taiwan deserves to be a member of these international economic organizations.