PL: WTO – Światowa Organizacja Handlu | DE: WTO – Welthandelsorganisation
Definition
WTO (World Trade Organization) is an international body based in Geneva with 164 members. WTO administers multilateral trade agreements (GATT, GATS, TRIPS), conducts trade negotiations, and settles trade disputes. Key WTO principles: non-discrimination (MFN and national treatment), transparency, tariff binding, and reciprocity.