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What is another word for the WTO?

Pronunciation: [ðə dˌʌbə͡ljˌuːtˌiːˈə͡ʊ] (IPA)

The World Trade Organization (WTO) is a global organization that promotes and regulates international trade between countries. Its primary objective is to facilitate trade and help ensure that global trade flows smoothly. Several other terms are used as synonyms for the WTO. Some of these include the World Commerce Organization, World Business Organization, and the Global Trade Organization. All these terms refer to the same organization and have the same functions. However, the term WTO is the most widely used and recognized globally. It plays a critical role in regulating trade among more than 160 member countries and aims to ensure that trade benefits everyone involved.
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What are the hypernyms for The wto?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    international organization, intergovernmental organization, Agreement-Making Body, Diplomatic forum, Economics Institution, Trade Body, global institution.

Famous quotes with The wto

  • We're working on accession to the WTO very actively. We still have several countries with which we need to conclude agreements and possibly that will happen next year.
    Nursultan Nazarbayev
  • Canada has always been a strong supporter of China's accession to the WTO... We look forward to playing a constructive role in helping complete China's accession.
    Pierre Pettigrew
  • Transferring our sovereignty and decisionmaking power to the WTO, to the United Nations, or any other international body is not in the long-term interests of our people.
    Dana Rohrabacher
  • The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.
    Jose Saramago
  • the WTO was put in place following the signing of a "technical agreement" negotiated behind closed doors by bureaucrats. Even the heads of country-level delegations to Marrakech in 1994 were not informed regarding the statutes of the WTO, which were drafted in separate clossed sessions by technocrats.
    Michel Chossudovsky

Related words: World Trade Organization, World Trade Organisation, WTO meeting, what is the WTO, what does the WTO do, who is in the WTO, what are the benefits of the WTO, history of WTO

Related questions:

  • What does the wto do?
  • When was the wto founded?
  • How does the wto work?
  • What is the purpose of the wto?

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