The General Agreement on Tariffs and Trade (GATT) was created after World War II to promote international trade by reducing trade barriers through negotiated tariff reductions. While intended to be a formal international organization, GATT remained an agreement. Its purposes of reducing trade barriers and promoting standards of living have been subsumed by the World Trade Organization. The WTO establishes global trade rules through member consensus and resolves trade disputes. Its aims are to increase trade and provide a platform for trade negotiations.