Question

what is wto and what is thier function​

Answer 1

world Trade Organisation:

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

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.