Question

Can you tell me what WTO stands for?

2023-06-26

This is what goPenpal answered

Sure, WTO stands for the World Trade Organization. It's an international body that deals with the rules of trade between nations. Think of it like a roundtable where countries agree on how to trade fairly and smoothly. It's like the principal of a school, setting guidelines to ensure everyone plays fair in the global trade playground. Beyond its role in trade negotiation, the WTO also handles disputes and monitors policies to maintain the peace in this global trade environment.

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