World Team or Team World is a designation for a sports team in many competitions. It is usually equivalent to a "rest of the world" team, which is pitted against a particular territory.
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Competitions featuring a world team
Note that in the above sports there also exist national teams taking part in other competitionsAll-World's Team
Some "Team World" or "World Team" teams are all-star teams with rosters drawn up from the world's players as an honors project.
References
Team World Wikipedia(Text) CC BY-SA