World Trade Organization

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/world-trade-organization

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the key agreements?GATT (Goods), GATS (Services), TRIPS (Intellectual Property), DSU (Dispute Settlement)
2. What is the decision-making process?Generally by consensus, with the Ministerial Conference as the highest decision-making body
3. What is the World Trade Organization and why does it exist?The World Trade Organization, or WTO, is a group of countries that makes sure trade is fair and smooth. It started in 1995 after the earlier GATT agreement and covers trade in goods, services, and intellectual property.
4. How many countries are part of the WTO?There are 164 member countries in the WTO, which means it covers more than 98% of all trade in the world.

Multilateral Trading System: A system of international trade rules agreed upon by many countries, managed by the WTO.
Trade Liberalization: The process of reducing or removing barriers to international trade, such as tariffs and quotas.
Dispute Settlement Understanding (DSU): The WTO's legal framework for resolving trade disputes between member governments through a structured process.