Question

What is WTO? Mention its major aims and its limitations.​

Answer 1

Answer: wto is the world rade organisation

limitatiosn:

1 Free Trade benefits developed countries more than developing countries.  

2 Most favoured nation principle.  

3 Failure to reduce tariffs on agriculture.  

4 Diversification.  

5Environment.  

6 Free trade ignores cultural and social factors.

aims: to implement the new world trade system. To promote world trade in such a way that it benefits every country

 

i hope it hepls u