Explain the role played by WTO in liberalising
international trade.
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The WTO or the World Trade Organization is an important Trade Organization of the World. The WTO helps in establishing cordial trade relations between different countries and keeps a record of all the trade taking place between two countries.
WTO (world trade organization ) helps in the development of an country by liberalising trade barriers.
Development countries put trade barriers on import of goods which has to be removed ,it is done wto.
It helps in the development of developing nations by removing trade restrictions on import.
It allows countries to export their goods to any other country without any restrictions.
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