Social Sciences, asked by sumannapoklu, 9 months ago

wto encourages globalization​

Answers

Answered by sukantisukantiswain
1

Answer:

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Explanation:

The World Trade Organization (WTO) is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers. As such, it has become closely associated with globalisation. ... Gatt was formed in 1948 when 23 countries signed an agreement to reduce customs tariffs.

though WTO is supposed to allow free trade for all, it is seen that the developed countries have unfairly retained trade barriers.

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