what is world trade organisation???
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The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.
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Explanation:
World Trade Organization (WTO) is an organisation setup at the initiative of the developed countries. It's aim was to liberalise the trade among the country in an open and uniform manner. The rules established by WTO has forced many developing countries to remove Trade restrictions.
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