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World Trade Organization, based in Geneva, Switzerland. It primarily deals with the rules of trade and commerce between two countries.

Structure - Made of 2 entities:

1. WTO agreements, framed, negotiated and agreed to by most of the countries of the

world.

2. WTO is also a forum where countries can negotiate these agreements, settle disputes arising from agreements and help other countries join the negotiations.

It was formed in 1995.

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13y ago
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15y ago

The World Trade Organization has the role of trying to lower trade barriers between countries, thus leading 2 globalization.

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15y ago

wto and globalisation

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11y ago

WTO is the successor to GATT

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Q: What is the relationship between WTO and globalization?
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