A steady dribble from a shower, spout or a garden tap can waste 50,000 litres per year, about the size of an average swimming pool, a cost of approx $50.00. To repair a leaking tap will cost approx $3.00 and may save $50.00 per year. steady dribble from a shower, spout or a garden tap can waste 50,000 litres per year, about the size of an average swimming pool, a cost of approx $50.00. To repair a leaking tap will cost approx $3.00 and may save $50.00 per year.
DEFINITION of 'World Trade Organization-WTO'. An international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible.
It remained in effect until the signature by 123 nations in Marrakesh on April 14, 1994, of the Uruguay Round Agreements, which established the World Trade Organization (WTO) on January 1, 1995. The WTO is a successor to GATT, and the original GATT text (GATT 1947) is still in effect under the WTO framework, subject to the modifications of GATT 1994.