Question

What is the main aim of the world trade organisation ?

Answer 1

To increase the protection of producers against foreign trade competition
Encourage bilateral trade agreement between nations

Answer 2

The main aim of the ‘world trade organization’

• The major purpose of WTO has been widely used for ensuring the global trades to start ‘smoothly’, freely, and predictably.  

• This also aims to construct the stability and economical peace in the world via various multi-lateral systems.  

• These multi-lateral systems are completely based on consented member states along with the rules of WTO in individual countries as well.  

• This in turn means the WTO would become a part of ‘domestic legal system’ of a country.  

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