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World Trade Organization (WTO) Definition and Explanation PDF | Download eBooks

Learn World Trade Organization (WTO) definition in supply chain management with explanation to study “What is World Trade Organization (WTO)”. Study world trade organization (wto) explanation with SCM terms to review supply chain management course for online MBA programs.

World Trade Organization (WTO) Definition:

World Trade Organization (WTO) Explanation:

It deals with the rules and regulations of trade between the nations at international level. The main purpose of this organization is to provide ease of doing business, export and import their products and services to the whole world. It is essentially a forum for the government negotiations on trade rules and makes agreements with trading partner countries. This organization also helps the countries in solving their trade issues and tried to renegotiate the disputes. The organization is mainly run by the government officials and the decisions made by the whole either by ministers or by ambassadors who met in Geneva on regularly basis.

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