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What is World Trade Organization (WTO)

Chapter 406
Encyclopedia of Information Science and Technology, Fourth Edition
The WTO deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Published in Chapter:
ICT Standardization
Kai Jakobs (RWTH Aachen University, Germany)
Copyright: © 2018 |Pages: 13
DOI: 10.4018/978-1-5225-2255-3.ch406
Abstract
The article first looks at the links that exist between standards and standardization on the one hand and innovation and economics on the other. It then offers a brief description of a typical standards setting process. The complex ‘web' of Standards Setting Organizations in the ICT sector is discussed next. Subsequently, a flexible tool to describe the characteristics of an SSO is introduced. It can be deployed by firms to identify the SSO that is best suited for a planned standardization activity. This selection is only part of the fairly complex task of standardization management, which will be described next. Finally, the article will briefly discuss national standardization strategies.
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Chapter 2
Preferential Trade Agreements of the Eurasian Economic Union: Economic Feasibility and Political Significance
The only global international organization dealing with the rules of trade between nations based on the WTO agreements; the goal is to help producers of goods and services, exporters, and importers conduct their business.
Published in Chapter: Preferential Trade Agreements of the Eurasian Economic Union: Economic Feasibility and Political Significance; From: International Trade Policies in the Era of Globalization
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Chapter 11
Tourism Entrepreneurship in Innovation Sustainability: Challenges and Opportunities
It is an institution created with the objective of supervising and liberalizing international trade.
Published in Chapter: Tourism Entrepreneurship in Innovation Sustainability: Challenges and Opportunities; From: Handbook of Research on Innovation, Differentiation, and New Technologies in Tourism, Hotels, and Food Service
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Chapter 67
ICT, Smart Systems, and Standardization
The WTO deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible.
Published in Chapter: ICT, Smart Systems, and Standardization; From: Encyclopedia of Organizational Knowledge, Administration, and Technology
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