The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. It provides a forum for member governments to negotiate trade agreements, settle trade disputes, and monitor trade policies. The WTO's aim is to facilitate trade liberalization and improve the global economy.
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Global trade - The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.