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.
Subsequent ratification by the United States, in December 1994, and by other member countries established new global trading rules and created the World Trade Organization (WTO) to replace GATT. GATT had been both a forum for trade negotiations and a set of agreed upon rules governing trade between member countries.