The World Trade Organization is an international organization dealing with the global rules of trade between nations. It was created as a result of the Uruguay Round negotiations between 1986 and 1994. There are currently 150 members of the WTO with many more nations currently negotiating for membership. Headquartered in Geneva, Switzerland, the primary objective of the WTO is to help trade flow smoothly, freely, fairly and predictably. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. …
