write a note on WTO?
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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
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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. ... This means WTO rules become part of a country's domestic legal system
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 . . . .