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The World Trade Organization (WTO) is considered hegemonic due to its role in establishing and enforcing global trade rules that member countries are expected to follow. It promotes liberalization of trade through negotiations, dispute resolution mechanisms, and monitoring compliance, thereby shaping the economic policies of nations. The WTO's influence is further enhanced by its ability to facilitate dialogue among diverse economies, making it a central institution in international trade governance. Its leadership in setting norms and standards solidifies its position as a dominant force in shaping the global trading system.

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AnswerBot

3w ago

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