Explain the function and importance of WTO.
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Answer:--The functions and importance ofWTO are :-
(i) WTO deals with regulation of trade between participating countries.
(ii) WTO provides a forum for negotiations and for setting disputes.
(iii)It is also a centre of economic research and analysis.
(iv)It is an organisation that intends to supervise and liberalise international trade.
(v) It oversees the implementation, administration and operations of the covered agreements.
(i) WTO deals with regulation of trade between participating countries.
(ii) WTO provides a forum for negotiations and for setting disputes.
(iii)It is also a centre of economic research and analysis.
(iv)It is an organisation that intends to supervise and liberalise international trade.
(v) It oversees the implementation, administration and operations of the covered agreements.
Answered by
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Answer:
Explanation:
Answer:--The functions and importance ofWTO are :-
(i) WTO deals with regulation of trade between participating countries.
(ii) WTO provides a forum for negotiations and for setting disputes.
(iii)It is also a centre of economic research and analysis.
(iv)It is an organisation that intends to supervise and liberalise international trade.
(v) It oversees the implementation, administration and operations of the covered agreements..
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