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单词 World Trade Organization
释义
World Trade Organization

Geography
  • An international organization established in 1995 to replace GATT. Its stated aims are: expanding free-trade concessions equally to all members; establishing freer global trade with fewer barriers; making trade more predictable through established rules; and making trade more competitive by removing subsidies (see Mullins (2004) J. Econ. Geog. 4 on the WTO’s dismantling of the protocols that gave Caribbean, African, and Pacific ex-colonies preferential access to EU markets). Since 2005, WTO members have been unable to place quotas on imports of textiles and garments from other members (Thomsen (2007) J. Econ. Geog. 7).

    Potter and Tilzey (2005) PHG 29, 5 argue that ‘the entrenched position of neoliberal ideas and framings within the WTO means that the ideology of the free market is coming to define the terms of international trade’. Wade (2003) Rev. Int. Polit. Econ. 10, 4 claims that the ‘development space’ and ‘self-determination space’ for diversification and upgrading policies in developing countries is being shrunk behind the rhetorical commitment to universitization and privatization. Woods (2007) PHG 31, 4 argues that conclaves of the WTO have created new sites of political authority for the global countryside. Uitermark (2002) PHG 26, 6 contends that global institutions, such as the WTO, have facilitated competition between different nations such that the nation-state has been ‘localized’. As against these tirades, Zhu and Sarkis (2006) J. Cleaner Prod. 14, 5 confirm that globalization and China’s entry into the WTO have helped promote green supply chain management practices.


Economics
  • An international body to supervise and encourage international trade. An international trade organization was proposed following the Bretton Woods conference in 1944, but was never set up; the General Agreement on Tariffs and Trade (GATT) was started instead. GATT organized the Uruguay Round trade talks, which concluded in 1994 by setting up the WTO to take over its functions in encouraging multilateral trade in goods and services.

    http://www.wto.org/ The home page of the WTO with access to information on trade, trade talks, and trade statistics.


World History
  • An international economic body, inaugurated on 1 January 1995 as the successor to the General Agreement on Tariffs and Trade (GATT). The WTO has a wider role than GATT, covering commercial activities beyond the remit of the latter body, such as intellectual property rights and trade in services. It has 164 members.


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