Question

WTO is not playing any significant role for the expeditions of business among different countries​

Answer 1

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The WTO is at the forefront of efforts to ensure unimpeded global free trade and reduce trade barriers, operating on a rules-based multilateral system.

It has made important contributions to the progress made around the world towards promoting global trade. This has led to the growth of a number of economies, the emergence of new markets – all important factors not only in improving business, but also in lifting people out of poverty.

Answer 2

Explanation:

Some issues raised

Standards and safety.

Anti-dumping, subsidies etc.

Non-tariff barriers.

Plurilaterals. due to this it is not playing significant role