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Question
oversees international trade agreements for most countries in the world and resolves trade disputes. the wto naft a the eu ifta
The World Trade Organization (WTO) is an international organization that oversees international trade agreements for most countries in the world and has a mechanism to resolve trade disputes. NAFTA (North - American Free Trade Agreement) was a regional trade agreement among North - American countries. The EU (European Union) is a political and economic union of European countries. IFTA (International Fuel Tax Agreement) is mainly about fuel tax for motor carriers.
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A. The WTO