World Trade OrganizationThe organization officiallycommenced on January 1, 1995deals with regulation of tradebetween participating countriesThe WTO has 153 membersheadquarters is at the CentreWilliam Rappard, Geneva,Switzerland.
GATT is the predecessorof WTO
Born in 1948
s a resultof the international desireto liberalize trade
Lasted until 1994, when itwas replaced by the WorldTrade Organization.