What is the importance of the World Trade Organization?

Answer:
The World Trade Organization (WTO) helps to facilitate global trade. It is the major multilateral forum for creating agreements and settling trade disputes among governments. It has 153 members that collectively account for more than 97% of world trade.
First answer by Bad ethan. Last edit by Lcfred. Contributor trust: 1 [recommend contributor recommended]. Question popularity: 3 [recommend question].