Question

When was wto set up what are its main functions??

Answer 1

Answer:

Explanation:

The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of international trade between nations. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It is the largest international economic organization in the world.

Answer 2

Answer:

The main functions of the WTO are:

• Administering WTO trade agreements.
• Providing forum for trade negotiations.
• Handling trade disputes.
• Monitoring Members' trade policies.
• Providing technical assistance and training to developing and least developed economies.