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The World Trade Organization (WTO) is an international institution established in 1995 to regulate and facilitate global trade among nations. It succeeded the General Agreement on Tariffs and Trade (GATT) and aims to create a predictable and transparent trading environment, reducing barriers such as tariffs, quotas, and subsidies. The WTO provides a framework for negotiating trade agreements, resolving disputes, and monitoring national trade policies ____ ________ _____ __________ ___ __________ ___ _____ ____ _________ ________ ________.
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