Economy, asked by vyshnavivarma, 10 months ago

Can someone help with these??

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Answered by rajkumarprasad7599
1

Answer:

Hey mate here is your answer

Explanation:

Q4. The main functions of the WTO are:

1.Administering WTO trade agreements.

2.Providing forum for trade negotiations.

3.Handling trade disputes.

4.Monitoring Members' trade policies.

5.Providing technical assistance and training to developing and least developed economies.

6.Cooperating with other international organizations.

Q5

Definition: The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people is also called privatization.

Government companies can be converted into private companies in two ways : By withdrawal of the government from ownership and management of public sector companies. By outright sale of public sector companies.

Hope it's helpful for you

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