Q-3 Explain the structure and functions of WTO. Is WTO helpful to
international business or is it a hindrance? Substantiate your answer with
examples.
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Explanation:
The Importance of the WTO to World Trade
The WTO is at the forefront of efforts to ensure unimpeded global free trade and reduce trade barriers, operating on a rules-based multilateral system. It has made important contributions to the progress made around the world towards promoting global trade.
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