Definitions for "World Trade Organization"
WTO. An international agency which encourages trade between member nations,...
The WTO is a multilateral organization that promotes free and fair trade among the nations of the world. It was created in 1994 by 121 nations at the Uruguay Round of the General Agreement on Tariffs and Trade (GATT). The WTO is responsible for implementation and administration of the trade agreement.
Established 1995 as successor to the General Agreement on Tariffs and Trade (GATT), aimed at liberalizing and securing international trade. Formed in the Uruguay Round of trade negotiations, the WTO had 115 member nations in 1996, and fifteen others applied WTO rules to their trade policies. Administered by a general council, trade dispute negotiation panel, and secretariat.
an attack on our individual civil liberties
used by the United States to open foreign markets to American goods and protect American patents abroad.