Margaret B. Lowery Macroeconomics IB February 1, 2000 AFP, (January 26, 2000), "US Commerce Secretary Stresses Urgency of Winning Support for China in World Trade Organization," http://www.US.Commerce_Secretary_stresses_Urgency_of_Winning_Support_for_China_in_WTO.htm The World Trade Organization (WTO) was formed on January 1, 1995, as successor to the General Agreement on Tariffs and Trade (GATT), which had regulated tariffs worldwide since 1947. The WTO regulates tariffs on services, intellectual property, food, and government purchasing. …
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