Business Terms and Jargon Explained
What is WTO
Tax Definition:-
World Trade Organisation - an organisation dealing with the rules of international trade. The WTO was established in 1995 and has its headquarters in Switzerland. It acts as a forum for trade negotiations; administers international trade agreements; and resolves international trade disputes. In 2004, the WTO had 147 member states.© Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.
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Term created / updated 2006-11-08 21:05:05
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