DESCRIBE 5 characteristics of World Trade Organization
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(a) Non-Discrimination
(b) Free Trade
(c) Stability in the Trading System
(d) Promotion of Fair Competition
(e) Special Concern for Developing Countries
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(b) Free Trade
(c) Stability in the Trading System
(d) Promotion of Fair Competition
(e) Special Concern for Developing Countries
Please mark as brainlist.
hranjannayak:
Please mark as brainlist..
Answered by
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1.WTO is a powerful international organisation. 2.it aims at liberalising international trade. 3.it establishes rules regarding international trade and sees that these rules are obeyed. 4.nearly 162 countries of the world are currently members of the WTO,as on 30th november 2015. 5.WTO is supposed to allow free trade for all countries.But in practice,it is seen that the develop countries have unfairly retained trade barriers.
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