word
World Trade Organization
werld trayd or-gan-ih-ZAY-shun
/wɜːrld treɪd ˌɔːrɡənɪˈzeɪʃən/Listen
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Syllable breakdown
worldtradeorganization
Dictionary meaning
International organisation governing the rules of trade between nations, providing a forum for negotiating trade agreements and settling disputes
History and origin
Established in 1995, replacing GATT (General Agreement on Tariffs and Trade)
Examples
- The World Trade Organization ruled that the tariffs violated international trade agreements.
Synonyms: WTO
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