Multilateral trading system is what? Multilateralism means more parties. Multilateral trading system was first understood as commercial systems and more countries join, the application of the rules, the general convention. This contrasted with the relations of bilateral trade, in which only two countries reach agreement on the rules governing trade between the two countries together. In the WTO, the word "multilateral" meaningful delimitation more pronounced. Multilateral trade system refers to the trading system by the WTO to adjust. Do not all the world's countries are WTO members should "multilateralism" would only narrowly than "globalization". On the other hand, "multilateral" is not synonymous with the agreement of each group of countries in a given region of the world, such as the EU, ASEAN, NAFTA, etc .. Thus, "multilateral" is the term concept stands between "global" and "regional". It should be noted that in international relations in general, relations with more than two or more participating countries.
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