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World Trade Organisation (WTO)

Syllabus: Describe the objectives and functions of the WTO.

What is the WTO?

There are a number of ways of looking at the WTO. It’s an organization for liberalizing trade. It’s a forum for governments to negotiate trade agreements. It’s a place for them to settle trade disputes. It operates a system of trade rules. (But it’s not Superman, just in case anyone thought it could solve — or cause — all the world’s problems!)

Above all, it’s a negotiating forum …      Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other.

Link to full explanation

For a complete list of WTO member countries see: