World Trade Organization (Noun)
Meaning
An international organization based in Geneva that monitors and enforces rules governing global trade.
Classification
Nouns denoting groupings of people or objects.
Examples
- The World Trade Organization has been criticized for its handling of trade disputes between member countries.
- The World Trade Organization was established in 1995 to promote free trade and economic cooperation among its member states.
- The World Trade Organization has played a crucial role in shaping global trade policies and resolving trade disputes.
- The World Trade Organization has 164 member countries, accounting for more than 98% of global trade.
- The World Trade Organization has been working to finalize a new agreement on e-commerce, which aims to establish common rules for digital trade.