What is the purpose of the world trade organization answers?
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The purpose of World Trade Organisation(WTO)is as follows.
•It promotes trade globally.
•It sets rules for international trade.
•They help and assist the least developed and developing countries with trade and tariff data and gives them confidence.
•It aims to inferior the trade barrier created between countries.
•It also resolves trade disputes across the globe .
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The purpose of the world trade organization
- The WTO's goal is to ensure that world trade continues efficiently, fairly and predictably.
- The WTO sets and represents the ground rules for the member nations' global trade, proposing an international trade framework.
- World Trade Organization (WTO) mission is as follows. This encourages free trade. It establishes International Trade laws.
- Helping and promoting trade and tariff data for the least developed and developing countries, and give them trust.
- It aims to lower the barrier of exchange produced between countries. It also settles worldwide trade disputes.
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