GATT

The WTO evolved from GATT to better address global trade challenges, expand trade rules to services and intellectual property, and establish a stronger dispute resolution system, ensuring fairness and predictability in international trade.

Anti-dumping laws prevent unfair trade practices by counteracting the sale of products at unfairly low prices. Governed by the WTO's Anti-Dumping Agreement, these laws ensure fair competition by imposing duties on dumped imports that harm domestic industries.