Question

Define the term globalisation explain the role of wto in foreign trade

Answer 1

Answer:

Explanation:The goal of WTO is to provide a fair platform for its member countries to help in services like exports,imports and conduct their business in a peaceful manner. The advantage to the countries being members in the WTO is that that they lower trade related barriers among themselves.

Answer 2

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Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.