7.Which of the following is not a feature of WTO?
a) WTO rules have forced the developing countries to remove trade barriers.
b) This organization aims at liberalizing international trade.
c) Nearly 300 countries are currently members of WTO.
d) WTO stands for world trade organization.
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The WTO agreements are lengthy and complex because they are legal texts covering a wide range of activities. They deal with: agriculture, textiles and clothing, banking, telecommunications, government purchases, industrial standards and product safety, food sanitation regulations, intellectual property, and much more. But a number of simple, fundamental principles run throughout all of these documents. These principles are the foundation of the multilateral trading system.
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