State the objectives of WTO. Write answers in short.
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WTO is a permanent body which was set up to keep an eye on the trading of good, services and foreign investment.
The overall objective of WTO is to administer as well as look into the operation in the trading sector.
WTO will try to strengthen the bond between the traders and make sure the trade flourishes and grows by leaps and bounds.
The rules and laws related to trading are laid down by WTO only.
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Answer:
The objectives of the world trade organisation (WTO) are as follows :
1] to provide platforms for negotiations in international trade.
2] to handle the difficulties related to trade.
3] to maintain the trade policies of member states.
4] to provide technological assistance and training to developing countries.
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