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World trade organization(WTO)

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World trade organization(WTO)

Post by dolly on Sat Nov 26, 2011 7:41 am

World Trade Organization(WTO) is an organization which is established to simplify the problems of international business, reduction in tariffs by setting standard so as to regulate ,manage and making easier to the international business all over the world. It is the successor to the General Agreement On Tariffs and Trade (GATT). It is the legal and institutional foundation of the multinational trading system.

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