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  1. The World Trade Organization ensures smooth, predictable, and free global trade by establishing international trade rules.

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

    • Reduction of tariffs and other barriers to trade
  3. Oct 4, 2021 · International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces. Emerging economies have seen their share of total global trade rocket in recent years. China, for instance, is now responsible for 15% of all world exports.

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  5. 5 days ago · World Trade Organization (WTO), international organization established to supervise and liberalize world trade. The WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1947 in the expectation that it would soon be replaced by a specialized agency of the United Nations (UN) to be called the ...

    • Kym Anderson
  6. May 14, 2024 · The World Economic Forum’s Global Future Council on the Future of Trade and Investment supports the reshaping of global trade to create sustainable, resilient and equitable trade growth. Global trade is set to increase by more than two-fold this year, driven by low inflation and a booming US economy.

  7. Jun 5, 2022 · Created in 1995, the World Trade Organization (WTO) is an international institution that oversees the rules for global trade among nations. It superseded the 1947 General Agreement on Tariffs and...

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