GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The WTO cooperates with World Bank in order to facilitate coordination of global policies. What is this function?
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It facilitates co-operation with other international organisations
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It monitors national trade policies
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It provides technical assistance and training for developing countries
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It provides a forum for trade negotiations
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It handles trade disputes
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Explanation:
Detailed explanation-1: -The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
Detailed explanation-2: -Functions of the WTO The WTO facilitates trade negotiations among countries by providing a framework to structure the agreements, as well as providing dispute resolution mechanisms. It creates an international legal framework that ensures the smooth exchange of goods and services among the member countries.
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