examin the function of WTO for 4
Answers
Answered by
0
The WTO has six key objectives: (1) to set and enforce rules for international trade, (2) to provide a forum for negotiating and monitoring further trade liberalization, (3) to resolve trade disputes, (4) to increase the transparency of decision-making processes, (5) to cooperate with other major international economic
Answered by
0
The World Trade Organization(WTO) deals with the global rules of trade between nation. The functions include:
- Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
- Administering and implementing the multilateral and plurilateral agreements contained in the final act.
- Acting as a forum for multilateral trade negotiations.
- Seeking to resolve trade disputes.
- Overseeing national trade policies.
- Cooperating with the other international institutions, such as IMF and World Bank, involved in global economic policy making.
Similar questions
Math,
6 months ago
English,
6 months ago
Math,
6 months ago
Math,
11 months ago
Math,
11 months ago
Environmental Sciences,
1 year ago
Environmental Sciences,
1 year ago
Physics,
1 year ago