See World Trade Organisation.

The World Trade Organisation (WTO) is the successor body to the General Agreement on Tariffs and Trade (GATT), established formally on 1 January 1995 as part of the final agreement of the Uruguay Round of multilateral trade negotiations. Its main objectives include: (i) to administer trade agreements; (ii) to act as a forum for trade negotiations; (iii) to settle trade disputes; (iv) to review national trade policies; and (v) to assist developing countries in trade policy issues

Growth of world trade is calculated as the arithmetic mean of the growth of world import volumes and world export volumes

See Reference (border) price.

Are constructed by aggregating measures of the volume of exports (imports) of individual countries on a constant price basis.

World Customs Organization, a multilateral body located in Brussels through which participating countries seek to simplify and rationalize customs procedures.

Wholesale trade is a form of trade in which goods are purchased and stored in large quantities and sold, in batches of a designated quantity, to resellers, professional users or groups, but not to final consumers.

Wholesale is the resale (sale without transformation) of new and used goods to retailers, business-to-business trade, such as to industrial, commercial, institutional or professional users, or resale to other wholesalers, or involves acting as an agent or broker in buying goods for, or selling goods to, such persons or companies.

Is a region of the African continent comprising various countries according to different definitions.

See World Customs Organisation (former CCC).