/wɜrld treɪd ɔrɡənəˈzeɪʃən/ – Phrase
Definition: Tổ chức Thương mại Thế giới.
A more thorough explanation: an international body established to promote and regulate trade between member states, established in 1995 to replace the General Agreement on Tariffs and Trade (GATT)
Example: As a member of the World Trade Organization, China benefits from access to foreign markets.