2.WTO refers to the World Trade Organization. The WTO is a permanent international organization independent of the United Nations. 1 995 65438+1October1officially started operation, and was responsible for managing the world economy and trade order. Its headquarters is located in Lemmon Lake, Geneva, Switzerland. Its predecessor was the General Agreement on Tariffs and Trade concluded in 1947. Compared with GATT, WTO covers trade in goods, services and intellectual property rights, while GATT only applies to trade in goods. The WTO pays more attention to the protection of global intellectual property rights and has an intellectual property Council.