What is the relationship between WTO and globalization?

World Trade Organization, based in Geneva, Switzerland. It primarily deals with the rules of trade and commerce between two countries.

Structure - Made of 2 entities:

1. WTO agreements, framed, negotiated and agreed to by most of the countries of the

world.

2. WTO is also a forum where countries can negotiate these agreements, settle disputes arising from agreements and help other countries join the negotiations.

It was formed in 1995.