The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland [6] that regulates and facilitates international trade. [7] Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System .

2024年11月14日 · The World Trade Organization (WTO) is a global organization that deals with the rules of trade between nations. It is made up of 164 member countries, and its goal is to ensure that trade flows...

3 天之前 · The WTO has six key objectives: (1) to set and enforce rules for international trade, (2) to provide a forum for negotiating and monitoring further trade liberalization, (3) to resolve trade disputes, (4) to increase the transparency of decision-making processes, (5) to cooperate with other major international economic institutions involved in g...

2021年2月8日 · First, it administers existing multilateral trade agreements. Every member receives Most Favored Nation Trading Status. That means they automatically receive lowered tariffs for their exports. Second, it settles trade disputes. Most conflicts occur when one member accuses another of dumping.

2023年3月12日 · Its main goal is to ensure that trade flows smoothly, predictably, and freely across borders while promoting sustainable economic growth and development. The World Trade Organization was established on January 1, 1995, succeeding the General Agreement on Tariffs and Trade (GATT), which had been in place since 1948.

World Trade organization is the global forum for monitoring and negotiating further trade liberalization. The premise of trade liberalization measures undertaken by WTO is based on the benefits of member countries to optimally utilize the position of comparative advantage due to a free and fair trade regime.

2015年12月16日 · The WTO's main functions are to provide a forum for negotiations to reduce barriers to international commerce, and to administer a system of rules governing trade. The WTO was established in...

2023年4月6日 · The WTO is the international platform for regulating and negotiating additional trade liberalization. The foundation of WTO liberalization initiatives is based on members’ benefits to make the best use of their comparative advantages as a result of a free and fair trade system.

2024年8月8日 · World Trade Organisation is a global multilateral organisation established in 1995 for the rules based trading between the nations of the world. It is a global membership group that promotes and manages free trade. It serves as a forum for governments to negotiate trade agreements and settle trade disputes.

What were the objectives of establishing WTO? 1. To raise the standard of living in member countries. 2. Development of a multilateral trading system. 3. To reduce Tariff and Non-Tariff barrier. 4. To eliminate discriminatory treatment in international trade relationships. 5.