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- proper n. An international organization designed by its founders to supervise and liberalize international trade.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. an international organization based in Geneva that monitors and enforces rules governing global trade
Sorry, no etymologies found.
Rice told me on February 25, We are thinking of making some adjustments in the Iran policy on the World Trade Organization and airplane spare parts, not to help the Europeans, but to avoid our being blamed as the party responsible for the collapse of the EU-3/Iran talks.
On November Z9-December 3, 1999, when a World Trade Organization conference in Seattle was confronted by huge, angry "antiglobalization" demonstrations, it made such an impression on then president Clinton, a zealous promoter of world trade, that he has regularly discussed the movement ever since.
*Saudi Arabia joined the World Trade Organization in December 2005.
The GATT was a complicated treaty set up to reduce national barriers to trade; in 1995 it was replaced by the international organization known as the World Trade Organization WTO, which has even broader-reaching powers.