universalism. 1  universal character; universality. 2  a universal range of knowledge, interests, or activities. ( 3 initial capital letter) the doctrine that emphasizes the universal fatherhood of God and the final salvation of all souls. Compare apocatastasis (def 2).
The World Trade Organization, an institution that arbitrates trade disputes. Strategic Trade Policies Policies designed to get more of the benefits from trade in a country than would exist under free trade.
The World Trade Organization (WTO) is a global organization that helps countries and producers of goods deal fairly and smoothly with conducting their business across international borders.embers of the WTO. As of 2013, there were 159 member countries that were part of the WTO. Countries such as the United States, Canada, China, Honduras, Japan, Mexico, Pakistan, Singapore, the Russian Federation, Australia, and South Africa are just a few.