What is the World Trade Organization (WTO)?

The World Trade Organization (WTO) is an international organization that serves to promote free and fair trade between the nations of the world. The WTO oversees the global trading system, working to ensure that all countries participate in free and fair trade. Located in Geneva, Switzerland, the WTO also helps to resolve trade disputes between countries. The WTO establishes the rules for global trade, and works to make sure that countries play by those rules. This allows countries to make sure that their interests in international markets are not undermined by unfair competition. This also helps to prevent countries from manipulating their own borders and economies to gain an unfair advantage in international markets. In addition to overseeing trade standards, the WTO also provides a forum for countries to review and discuss any issues related to trade. Countries can work together to address any issues that arise in the trading system and come to resolutions that are beneficial for all. Overall, the WTO is essential to maintaining a healthy global economy. Without it, there would be no way to ensure fairness in international trade, and the world economy would be much less secure.

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What is the World Trade Organization (WTO)?

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