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What does the World Trade Organization do?What Does the World Trade Organization Do? The World Trade Organization (WTO) is an international organization that helps countries conduct trade with one another in a more predictable, open, and fair way. Created in 1995, the WTO developed from the General Agreement on Tariffs and Trade (GATT), which had governed international trade since 1948. Today, the organization provides a framework for...0 Commenti 0 condivisioni 114 Views 0 Anteprima
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How has globalization changed the world economy?How Has Globalization Changed the World Economy? Globalization has transformed the world economy by making countries, businesses, and consumers more closely connected than ever before. Advances in transportation, communication, technology, and international trade have allowed goods, services, capital, information, and people to move across borders more easily. As a result, economic activity...0 Commenti 0 condivisioni 147 Views 0 Anteprima