what is the full form of WTO?
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The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
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WTO
Explanation:
- The full form of WTO is World Trade Organization.
- It was established in 1995, in Switzerland.
- The purpose of this organization is to encourage free trade by abolishing import duties and other restrictions to open markets.
- All is possible through perusing different countries to lower protectionist restrictions and thus expand trade flows.
- There are 154 countries under the world trade organization.
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