Explain the duties of the world trade organization
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WTO IN BRIEF. In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
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World Trade Organisation ( WTO )
Explanation:
WTO was started as the initiative of the developed countries. Its objective is to libralise international trade and ensure that its members obey its rules.
There should be no barriers. Trade between countries should be 'free'. All countries in the world should libralise their policies.
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