Question

What is WTO ? What is objective of WTO ?

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Answer 1

Answer:

World Trade Organization

objective of wto:

The overall objective of the WTO is to help its members use trade as a means to raise living standards, create jobs and improve people's lives. The WTO operates the global system of trade rules and helps developing countries build their trade capacity.

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Answer 2

Answer:

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.

Explanation:

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 economic

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