Question

Describe any five characteristics of WTO?

Answer 1

@ World Trade organisation is a powerful international organisations .
@ it aims at liberating international trade.
@it established rules regarding international trade and sees that those rules are obeyed.
@ nearly 162 countries of the world are currendy member of the WTO.
@WTO is supposed to allows free trade for all countries.

Answer 2

Some of the most important salient features of world trade organisation are as follows: (a) Non-Discrimination (b) Free Trade (c) Stability in the Trading System (d) Promotion of Fair Competition (e) Special Concern for Developing Countries (f) Market Access Commitment (g) Decision at the Ministerial Level Meeting (h) Wider Range of Issues (i) Multilateral Trading System.