Question

what are the various function of wto

Answer 1

Heya...

World trade organization has following functions...

* To settle free trade among nation's...

* To maintain discipline and transparency in trade....

* To abolished the international
trade duties and restrictions....

* To sign the import and exports rates of international trade...

Answer 2

The World Trade Organization(WTO) deals with the global rules of trade between nation. The functions include:

1. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
2. Administering and implementing the multilateral and plurilateral agreements contained in the final act.
3. Acting as a forum for multilateral trade negotiations.
4. Seeking to resolve trade disputes.
5. Overseeing national trade policies.
6. Cooperating with the other international institutions, such as IMF and World Bank, involved in global economic policy making.