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WTO
The World Trade Organization is the global international organization that deals with the rules of trade between countries, an organization that defends trade interests. The WTO provides a forum for governments across the world to negotiate trade agreements aimed at reducing obstacles to international trade and ensuring a fair trading for all. The WTO is a place for governments to settle trade disputes – under a system of trade rules. Principally, the World Trade Organization is where member nations’ governments try to resolve trade problems that they might have with each other.