What is another word for the World Trade Organization?

Pronunciation: [ðə wˈɜːld tɹˈe͡ɪd ˌɔːɡɐna͡ɪzˈe͡ɪʃən] (IPA)

The World Trade Organization, also known as WTO, is an international organization focused on promoting global trade and reducing barriers to international commerce. Synonyms for WTO include World Commerce Organization, Global Trade Forum, and International Trade Alliance. Another synonym for WTO is the Trade body, which refers to the organization's status as the global authority on trade regulations and dispute resolutions. The WTO was established in 1995 to replace the General Agreement on Tariffs and Trade (GATT) and currently has over 160 member countries. The organization plays a critical role in regulating international trade and helping to ensure that goods and services flow smoothly across borders.

What are the hypernyms for The world trade organization?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with The world trade organization

  • Canada and the United States are also working at the World Trade Organization and in our own hemisphere with negotiations for a Trade Area of the Americas to try to help countries create a positive climate for investment and trade.
    Paul Cellucci
  • I don't think anyone sets out to malign poor people but certainly that's what we do through organizations such as the World Trade Organization, the World Bank and the International Monetary Fund.
    Bob Geldof
  • The Clinton administration brought 65 cases from 1995 to 2000 before the World Trade Organization. The Bush administration has brought twelve. Twelve cases. They haven't even been able to stand up for our jobs.
    Jennifer M. Granholm
  • Europe will not accept genetically modified foods. It doesn't make any difference in the final analysis what Brussels does, what Washington does, or what the World Trade Organization does.
    Jeremy Rifkin
  • Even in Scandinavia, where social democratic institutions were far more culturally ingrained, membership of the EU—or even just participation in the World Trade Organization and other international agencies—appeared to constrain locally-initiated legislation. In short, social democracy seemed doomed by that same internationalization which its early theorists had so enthusiastically adumbrated as the future of capitalism. From this perspective, social democracy—like liberalism—was a byproduct of the rise of the European nation-state: a political idea keyed to the social challenges of industrialization in developed societies. Not only was there no ‘socialism’ in America, but social democracy as a working compromise between radical goals and liberal traditions lacked widespread support in any other continent. There was no shortage of enthusiasm for revolutionary socialism in much of the non-Western world, but the distinctively European compromise did not export well.
    Tony Judt

Related words: WTO, free trade, free trade zones, free trade agreement, free trade agreements, free trade policies, global trade war

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