world trade organization (Meaning)
Wordnet
world trade organization (n)
an international organization based in Geneva that monitors and enforces rules governing global trade
Synonyms & Antonyms of world trade organization
No Synonyms and anytonyms found
world trade organization Sentence Examples
- The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.
- WTO members negotiate agreements to reduce barriers to trade and facilitate economic growth.
- The WTO's rules are based on the principles of transparency, non-discrimination, and fairness.
- The WTO provides a forum for resolving trade disputes between its members.
- The WTO has played a significant role in promoting global trade and economic development.
- The WTO's headquarters are located in Geneva, Switzerland.
- The WTO was established in 1995 and replaced the General Agreement on Tariffs and Trade (GATT).
- The WTO has been criticized for its slow pace of negotiations and its inability to address some trade issues.
- The WTO is currently facing challenges due to rising protectionism and trade tensions between countries.
- Despite these challenges, the WTO remains an important institution for regulating international trade and promoting global economic cooperation.
FAQs About the word world trade organization
an international organization based in Geneva that monitors and enforces rules governing global trade
No synonyms found.
No antonyms found.
The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.
WTO members negotiate agreements to reduce barriers to trade and facilitate economic growth.
The WTO's rules are based on the principles of transparency, non-discrimination, and fairness.
The WTO provides a forum for resolving trade disputes between its members.
