Trade organization is the type of organization that has been important to China’s economic development.
China is the second largest trading nation accross the world.
In 2013 China surpassed the United States as the largest trading nation in the world and plays a fundamental role in international trade. Furthermore, it is increasingly involved in trade organizations and treaties in the last years. China became a member of the World Trade Organization in 2001.
IN this quote Benjamin Franklin is referencing the failed "Albany Plan," since this was his idea, in which the colonies would have formed a loose union in order to better manage taxes.
