Introduction to World Trade Organisation no internet ans please
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the World Trade Organisation (WTO) is an international organisation aiming to reduce all barriers to trade. It achieves this by acting as a forum for countries to constantly re-negotiate to remove blocks they have on trade.
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The World Trade Organization is an intergovernmental organization that regulates and facilitates international trade between nations. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 96% of global trade and global GDP.
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