Copyright © Philip M. Parker, INSEAD. Terms of Use.
Definition: World Trade Organization |
World Trade OrganizationNoun1. An international organization based in Geneva that monitors and enforces rules governing global trade. Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. |
| Domain | Definitions |
Agriculture | The international organization established by the Uruguay Round of multilateral trade negotiations to oversee implementation of the General Agreement on Tariffs and Trade and the agreements arising from the Uruguay Round, including the Uruguay Round Agreement on Agriculture. (WTO). (references) |
Economics | The international organization which resulted from the Uruguay Round of GATT negotiations. It is intended to promote world trade and to settle disputes among member nations. (references) |
| An institution created in 1993 by the General Agreement on Tariffs and Trade that oversees international trade issues, resolves trade disputes and enforces the GATT trade pact. Source: European Union. (references) | |
Source: compiled by the editor from various references; see credits. | |
(From Wikipedia, the free Encyclopedia)
In the late 1990s, the WTO became a major target for protests by the Anti-globalization movement.
Where most international organizations operate on a one country, one vote or even a weighted voting basis, many WTO decisions, such as adopting agreements (and revisions to them) are determined by consensus. Voting is only employed as a fall-back mechanism or in special cases. Critics observe that the consensus governance model moves power away from developing countries towards powerful first-world states, who can veto proposals they object to and prevent formal dissent on most measures they support.
The advantage of the consensus model is that it allows extremely rapid deployment of trade laws; it would otherwise take much longer (or not occur at all) in other fora. On the other hand, a system of this sort is skewed in favour of states that can continuously devote substantial resources to the analysis and negotiation of treaty terms. Moreover, under this system, agreements, once adopted, are very hard to change.
Unlike many other international organizations, the WTO has significant power to enforce its decisions, through the operation of its Dispute Settlement Body, an international trade court with the power to authorize sanctions against states which do not comply with its rulings.
Decision-making structure
History
Iran, which first asked to join the WTO in 1996, has seen its request repeatedly blocked by the United States, which lists Iran as a state sponsor of terrorism. Russia is also not yet a member, and first applied to join GATT in 1993.Related articles
External links
Anti-WTO links
Further reading
Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "World Trade Organization."
Synonym: World Trade OrganizationSynonym: WTO (n). (additional references) |
| Synonyms by domain: wto (economicsbusiness). |
Crosswords: World Trade Organization |
| English words defined with "World Trade Organization": Common Market ♦ EC, EEC, Eu, Europe, European Community, European Economic Community, European Union. (references) |
| Specialty definitions using "World Trade Organization": Codex Alimentarius Commission ♦ Developing countries, Dispute Settlement Body ♦ Multilateral agreement, Multilateral trade negotiations ♦ Peace clause ♦ Uruguay Round. (references) |
| Domain | Title |
Books |
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Source: compiled by the editor from various references; see credits. | |
| Subject | Topic | Quote |
Business | The Chinese government will continue to reduce its tariff rates in order to join the World Trade Organization. (references) | |
Import tariffs on information technology may be reduced as part of China's bid to join the World Trade Organization. (references) | ||
The recent revision allowed Poland to adjust its foreign trade regulations to World Trade Organization and EU standards. (references) | ||
Civil Liberties | Qatar | Another anti-Israeli demonstration of about 3,000 was authorized in October 2000. The Government also permitted peaceful demonstration against the World Trade Organization in November. (references) |
Economic History | Jordan | In 2000, it acceded to the World Trade Organization. (references) |
The Holy See | In 1997 the Holy See became a member of the World Trade Organization. (references) | |
Political Economy | PORTUGAL | Portugal is a member of the World Trade Organization. (references) |
PAKISTAN | Pakistan is a member of the World Trade Organization (WTO). (references) | |
TURKEY | Turkey is a founding member of the World Trade Organization. (references) | |
Trade | Singapore | Singapore is a party to the World Trade Organization (WTO). (references) |
Georgia | Georgia became a member of the World Trade Organization in June 2000. (references) | |
Nepal | Finally, Nepal has applied for membership in the World Trade Organization. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Expression | Frequency per Day |
world trade organization | 332 |
china and the world trade organization | 7 |
world trade organization wto | 5 |
world trade organization protest | 3 |
| Source: compiled by the editor from various references; see credits. | |
| Language | Translations for "World Trade Organization"; alternative meanings/domain in parentheses. | ||||||||||
Dutch | VMEB (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM), Verklaring inzake de bijdrage van de Wereldhandelsorganisatie om te komen tot een grotere samenhang in het mondiale economische beleid (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM), DGPM (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM). (various references) | ||||||||||
French | DGPM (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking), Déclaration sur la contribution de l'OMC une plus grande cohérence dans l'élaboration des politiques économiques au niveau mondial (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking). (various references) | ||||||||||
German | Erklärung zum Beitrag der Welthandelsorganisation zur Stärkung der globalen Kohärenz wirtschaftspolitischer Entscheidungen (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM), DGPM (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM). (various references) | ||||||||||
Italian | Dichiarazione sul contributo dell'Organizzazione mondiale del commercio per il raggiungimento di una maggiore coerenza a livello globale nella definizione delle politiche economiche (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM), DGPM (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM). (various references) | ||||||||||
Japanese Kanji | 世界貿"機関 . (various references) | ||||||||||
Japanese Katakana | せかいぼうえききか". (various references) | ||||||||||
Pig Latin | orldway adetray organizationay DGPM (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM), Declaración sobre la contribución de la Organización Mundial del Comercio al logro de una mayor coherencia en la formulación de la política económica a escala mundial (Declaration on the Contribution of the World Trade Organization to Achieving Greater Coherence in Global Economic Policymaking, DGPM). (various references) | ||||||||||
Hexadecimal (or equivalents, 770AD-1900s) (references)57 6F 72 6C 64 54 72 61 64 65 4F 72 67 61 6E 69 7A 61 74 69 6F 6E |
| Leonardo da Vinci (1452-1519; backwards) (references)
|
Binary Code (1918-1938, probably earlier) (references)01010111 01101111 01110010 01101100 01100100 00100000 01010100 01110010 01100001 01100100 01100101 00100000 01001111 01110010 01100111 01100001 01101110 01101001 01111010 01100001 01110100 01101001 01101111 01101110 |
HTML Code (1990) (references)W o r l d   T r a d e   O r g a n i z a t i o n |
ISO 10646 (1991-1993) (references)0057 006F 0072 006C 0064 0054 0072 0061 0064 0065 004F 0072 0067 0061 006E 0069 007A 0061 0074 0069 006F 006E |
Encryption (beginner's substitution cypher): (references)5781847870254846770712498473678075926786758180 |
| 1. Definition 2. Synonyms 3. Crosswords 4. Usage: Commercial | 5. Quotations: Non-fiction 6. Expressions: Internet 7. Translations: Modern 8. Orthography | 9. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Note to the press & webmasters - this dictionary can be linked, indexed, or referred to using the following non-English expressions: woordeboek, fjalor, معجم, قاموس, diccionariu, речник, diccionari, diksyonario, diksinario, 字典, gérlyver, slovník, ordbog, woordenboek, shimiyuc p'anca, orðabók, orðbók, dictionnaire, wurdboek, wörterbuch, λεξικό, אוצר מילים, szótár, uqausiit tukingit, dizionario, 字引 , じい, じびき, じて", ディクショナリー , じり", じしょ, '"かい, ディクショナリ , 사 , dizionari, recnik, fockleyr, dikshonario, słownik, dicionário, dicţionar, dicziunari, словарь, lolomi fefiloi, foclair, abardair, faclair, briathrachan, pukuntau, leksikon, rečnik, vocabbulariu, diccionario, sí-chazamagâma, ordbok, lexikon, พจนานุกรม, sözlük, ansiklopedik sözlük, словник, довідник, có tính chất sách vở, geirlyfr, geiriadur, for dictionary; definisie, qartësi, përcaktim, saktësi, الوضوحية في الشيء, حد, تحديد, تعريف, التحديد, الإيضاحية, яснота, сила, очертания, дефиниция, 定義 , 定义, definice, deskriptordefinition, definitie, määritelmä, définition, ορισμός, "'"ר", "'בל", meghatározás, definíció, definizione, 確定 , ディーゼル電気車 , デ'ドロ酢酸 , デフィニション , ディフィニション , ていぎ, かくてい, 의, geyrid, meenaghey, keeayllaght, baght, definishon, definição, definiţie, determinare, definire, определение, definicija, definición, definition, açıklama, belirleme, belirtme, kesinleştirme, tanım, tarif, seçiklik, tanımlama, чіткість, тлумачення, виразність, визначення, дефініція, ясність, чітка чутність, sự định rõ, sự định nghĩa, lời định nghĩa sự định, diffiniad, darnodiad, for definition; vertaling, transferim, transmetim, ترجمة من لغة أجنبية للغة الأم, ترجمة, إفتتان, транслация, огъване, превод, предаване, поддаване, тълкуване, превеждане, 翻译, překlad, oversættelse, translatie, taajuusmuutos, translaatio, traduction, oersetting, Übersetzung, μετάφραση, תור'מ ות, תר'ום, "עתק", "עתק, fordítás, traduzione, 翻訳 , へい"ういどう, やくしょ, やくしゅつ, "うどく, ほ"やく, トランスレーション , やくじゅつ, ほ"やくしょ, 번역, tradukshon, tradução, translaţie, tãlmãcire, traducere, сдвиг, трансляция, перемещение, перевод, tumačenje, traducción, översättning, tercüme, процес перекладу, переклад, пояснення, переміщення, sự dịch, sự biến th nh sự giải thích, trosiad, for translation; Nederlands, Hollands, holandez, هولندي, اللغة الهولندية, холандски, немски език, холандски език, холандците, немски, Olandes, 菏蘭語 , 荷兰语, holandský, nizozemský, hollandsk, hollendskt, hollantilainen, néerlandais, Nederlânsk, holländisch, ολλανδικόσ, ολλανδόσ, holandisht, "ול "י, holland, hollenskur, Ollainnis, olandese, 네덜란", Belanda, Ollanish, Germaanish, Tatimana, nederlandsk, ulandes, hulandes, holandês, neerlandés, olandez, nemţesc, limba olandezã, german, голландский, holanđanin, u škripcu, holandski, holandés, bakratongo, holländsk, ชาวเนเธอร์แลน"์, เกี่ยวกับเนเธอร์แลน"์, รรยา, alman, eş, flemenkçe, holandaca, hollanda, karı, hollandalı, hollandalılara özgü olan, Hollandali, hollanda'ya ait, голландська мова, голландський, ngôn ngữ khó hiểu, "b xã", for Dutch; Franse taal, Frans, franceze, francez, frëngjisht, frëng, frëngjishte, فرنسي, اللغة الفرنسية, الشعب الفرنسي, gall, френски език, френски, Pranses, 法國 , 法文 , 法語 , 法语, francouzština, francouzský, franskur, franskt, ranskalainen, français, Frânsk, französisch, γάλλοσ, γαλλικόσ, γαλλική γλώσσα, γαλλίδα, צרפתי, צרפתית, francia, Fraincis, francese, フレコン化 , フランス" , 仏文 , 仏 , ふつぶ", フレンチ , フランセ , ふつ, "랑스, Perancis, Ny Frangee, Mooinjey ny Frank, frances, franses, francês, francezii, francezã, franţuzesc, franţuzeşte, французский, Falani, francuski jezik, francuski, francuzi, francés, sí-Fulentji, fransk, franska, fransızca, Fransiz, fransızca ile ilgili, fransız, fransa ile ilgili, французька мова, французький, Ffrengig, isiFulentshi, for French; Duits, Duitser, Duitse taal, Germaan, gjerman, ضرب من الرقص, جرماني, المانية, الماني, اللغة الألمانية, роден, германски, немски език, немски, немец, готически, германец, 德語 , 德语, 德文 , 德國 , nìmecký, nìmec, tysker, Duitse, týskur, týskt, týskari, saksalainen, Allemand, Dútsk, Deutsche, Deutsch, "ερμανός, gjermanisht, 'רמ י, 'רמ ית, német, þjóðverji, þýskur, GearmÚnach, GearmÚinis, tedesco, ジプシー音楽 , ジャーマン , 독일, todesch, Germaanagh, Garmane, Germaanish, Carmane, aleman, Niemiec, niemiecki, alemão, alemand, neamţ, немецкий, Siamani, germanski, alemán, Tudesku, Doysri, mjeremani, mdachi, sí-Jalimáne, tysk, เยอรมัน, าษาเยอรมัน, Alman, німкеня, німецький, німець, $sisters german$ chị em ruột, $cousin german$ anh chị em con chú bác ruột, sister, Almaenwr, isiJalimane, iliJalimane, iJalimane, for German; Italianer, Italiaans, Italiaan, شخص إيطالي, اللغة الإيطالية, الإيطالي, إيطالي, Italianu, италиански език, италиански, италианец, Italyano, 意大利 , 意大利語 , 意大利语, italština, italský, ital, italiener, italienskt, italialainen, Italien, Italjaansk, italienisch, Ιταλός, italisht, איטלקי, איטלקית, olasz, Ítali, IodÚilis, italiano, 이탈리아, Iddaalish, Włoch, italianã, italienesc, italieneşte, italian, итальянский язык, итальянский, итальянец, Italia, italijanski, italijanski jezik, italijan, sí-Taliyáne, italienare, italiensk, italienska, เกี่ยวกับอิตาลี, ชาวอิตาลี, าษาอิตาลี, italyanca, italyan, італі"ць, італійська мова, італійський, італійка, for Italian; Spaans, Spaanse taal, spanjoll, اللغة الأسبانية, الأسبانية, أسباني, испански език, испански, espanyoles, Espanyol, 西班牙语, 西班牙文 , 西班牙語 , španìlský, španìlština, spanskt, espanjalainen, espagnol, Spaansk, spanisch, ισπανικά, ισπανικόσ, ισπανοί, karaiñe'êmegua, ספר"ית, ספר"י, spanyol, SpÚinnis, spagnolo, スペイン語 , スパイ罪 , スペイン", スパニッシュ , 스페인, Spaainagh, Spaainish, spañó, espanhol, espanhòl, spaniolesc, spanioleşte, spaniol, испанский, Sipaniolo, španski jezik, španski, español, spanska språk, spansk, ispanyollar, ispanyolca, ispanyol, іспанська мова, іспанський, for Spanish; 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