US EditionWhy Was the World Trade Organization Established?
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Why Was the World Trade Organization Established?
Have you ever wondered how global trade keeps moving smoothly between countries of every size? The World Trade Organization established a system that makes this possible. Acting as the main referee for world trade, the WTO sets rules, resolves disputes, and ensures fairness for all members. Its creation marked a turning point in trade history, replacing the limited and temporary GATT with a stronger, permanent institution. The goal was clear—cre…
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