A Trade Agreement that aims to:
- Promote trade liberalization(easing trade barriers) across the world
- Focus on economic prosperity and social development
- 164 member countries
- Decision made by consensus
- 90% of countries are members. Countries at war or with human right crimes are not members
WTO Activities
Trade Negotiations: Countries discuss trade disputes and come to mutually agreeable solutions Implementation and Monitoring: Monitors whether WTO agreements have been adopted and properly implemented Dispute Settlement: Forum for countries to consult, mediate andarbitrate discrepancies of previously agreed on trade agreements Foreign Aid: Supports developing countries through training or infrastructure aid Outreach: Marketing to build awareness of WTO activities