Skip to main content
UK Government, the Law and Your Role

What is the World Trade Organisation (WTO)?

AA military and security alliance formed between democratic nations worldwide
BAn international organisation that regulates global trade between nations
CA regional European trading bloc focused on customs and tariff agreements
DAn international body that coordinates and sets global taxation rules and standards

Explanation

The World Trade Organisation (WTO) is an international organisation that regulates global trade between nations. It provides a framework for negotiating trade agreements and resolving trade disputes.

mediumwtoworld trade organisationinternational

Test yourself on this topic

Earn XP and track your progress

Practice →

More questions from this chapter