mention the role of the WTO
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Answer:
WTO means WORLD TRADE ORGANISATON
ROLE IS to deal the globe rule of trade
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The Major role of the WTO is mainly in facilitating global trade.
Explanation:
The World Trade Organisation is an international organiZation which is headquartered in Geneva, Switzerland.
It was formed on 1st January 1995.
The main functions of the world trade organization are:
- To ensure free trade among nations
- To ensure judicious use of the resources
- To ensure responsible production and delivery of services
- To provide a legal form in case of international trade disputes
- To formulate standardised policies for international trade
- To facilitate negotiation, operation, and implementation of international trade.
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