The World Trade Organization, WTO, is an international organization aimed at supervising and liberalizing international trade. It has been around for about 12 and a half years and came into being after the General Agreement of Tariffs and Trades, GATT, which was established in 1947 and spread until the WTO took over.
The WTO organizes and legalizes trade around the world. It organizes trades between nations and implements new trade rules and tariffs. This was implemented for the protection of nations on a global scale.
The WTO organizes and legalizes trade around the world. It organizes trades between nations and implements new trade rules and tariffs. This was implemented for the protection of nations on a global scale.