Economics B A-Level
World Trade Organisation (WTO)
What World Trade Organisation (WTO) means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of World Trade Organisation (WTO)
Check what you remember
Read the wording for your board, then hide it and explain World Trade Organisation (WTO) in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
An institution that promotes free trade by negotiating agreements and settling trade disputes.
Topics that use World Trade Organisation (WTO)
- Trade policy and trade negotiations (Pearson Edexcel A-Level)
Related terms
- International competitiveness
- International Monetary Fund (IMF)
- Trade barriers
- Welfare loss
- Bilateral trading agreements
Using World Trade Organisation (WTO) in the exam
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