World Trade Organization (WTO)
- World Trade Organization (WTO)
-
It was created by 104 members in 1995 to replace the
General Agreement on Tariffs and Trade (
GATT). Like its predecessor, it aims to lower trade barriers and encourage multilateral trade. It monitors members' adherence to all GATT agreements and negotiates and implements new agreements. Critics of the WTO, including many opponents of economic
globalization, have charged that it undermines national sovereignty by promoting the interests of large
multinational corporations and that the trade liberalization it encourages leads to environmental damage and declining living standards for low-skilled workers in developing countries.
* * *
Universalium.
2010.
Look at other dictionaries:
World Trade Organization (WTO) — Welthandelsorganisation; am 1.1.1995 in Genf gegründete Sonderorganisation der Vereinten Nationen (⇡ UN) zur Gestaltung zwischenstaatlicher Handelsbeziehungen. Sie übernimmt u.a. Aufgaben der in der Havanna Charta geplanten ⇡ ITO, zusätzlich die… … Lexikon der Economics
World Trade Organization - WTO — An international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible. Some, especially multinational corporations, believe that the… … Investment dictionary
World Trade Organization — WTO redirects here. For other uses, see WTO (disambiguation). World Trade Organization (English) Organisation mondiale du commerce (French) Organización Mundial del Comercio (Spanish) … Wikipedia
World Trade Organization Ministerial Conference of 1999 protest activity — Pepper spray dispersed into the crowd. Other names N30 The Battle in Seattle The Battle of Seattle … Wikipedia
World Trade Organization — Organisation Mondiale du Commerce Organización Mundial del Comercio Основатели ВТО (1 Января 1995) … Википедия
World Trade Organization — Dieser Artikel wurde auf der Koordinationsseite des WiwiWiki Projekts gelistet um die Bearbeitung effektiver gestalten zu können. Bitte beteilige dich an der Diskussion. Die Welthandelsorganisation (engl. World Trade Organization, WTO;… … Deutsch Wikipedia
World Trade Organization — Organisation mondiale du commerce Pour les articles homonymes, voir OMC (homonymie) et WTO. Organisation mondiale du commerce … Wikipédia en Français
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World Trade Organization Ministerial Conference of 2001 — Location of Doha … Wikipedia
World Trade Organization — WTO A multilateral agency that administers world trade agreements, fosters trade relations among nations, and solves trade disputes among member countries. Bloomberg Financial Dictionary * * * World Trade Organization ˌWorld ˈTrade Organiˌzation… … Financial and business terms
