GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To promote Health facilities
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To liberalize International Trade
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Domestic infrastructure
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To Increase Literacy
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Detailed explanation-1: -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.
Detailed explanation-2: -WTO – World Trade Organization is an organization that regulates and facilitates international trade between nations. The main aim of the World Trade Organization is to achieve the following objectives through the multilateral trading system. Raise living standards. To assure full employment.
Detailed explanation-3: -The World Trade Organization(WTO) has agreements that cover goods, services and intellectual property. The principles of liberalization are spelled out which include the commitments of individual countries to tariffs of lower customs to keep open services markets.