Question

History 1st question WTO is the third pillar of the world trade the first two pillar are-

Answer 1

Three pillars of world trade are--
1. IMF (International Monetary Fund)
2. THE WORLD BANK
3. WTO (World Trade Organization)

Answer 2

The three great pillars are :1. IMF, International Monetary Fund 2. THE WORLD BANK 3. WTO, World Trade Organization.

The famous World Trade Organization (WTO) is the only global international organization take care of dealing with trade related rules and regulations that exist amidst diverse global nations.At the center of it remains the  WTO agreements.

This agreement was negotiated, finalized and signed by the bulk of the world’s trading countries and adopted in their respective parliaments.

The focus is to provide the interests of producers of goods and services, of the various exporters, and importers who are conducting their business globally.