Question

what is the main aim of WTO ?Explain its its functions​

Answer 1

Hello !

World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

The WTO has six key objectives:

(1) to set and enforce rules for international trade,

(2) to provide a forum for negotiating and monitoring further trade liberalization,

(3) to resolve trade disputes,

(4) to increase the transparency of decision-making processes,

(5) to cooperate with other major international economy.

Hope It Helps u :)

Answer 2

Explanation:

The purpose of the WTO is to ensure global trade commences smoothly, freely and predictably. The WTOcreates and embodies the ground rules for global trade among member nations, offering a system for international commerce.