FULL FORM OF WTO
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world trade organization
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World Trade Organization
- It is the only global international organization dealing with the rules of trade between nations.
- It is run by its member governments.
- At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments.
- It's goal is to ensure that trade flows as smoothly and predictably as possible.
- At present, it consists of 159 countries as its members.
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