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The World Trade Organization (WTO): includes all of the same countries that signed the Uruguay Round has emerged as the world's most powerful institution for

The World Trade Organization (WTO):

includes all of the same countries that signed the Uruguay Round

has emerged as the world's most powerful institution for reducing trade barriers and opening markets

does not yet have an effective dispute settlement procedure but will before the year 2005

is controlled by the United States

includes China and Russia among its members

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