GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is a function of the WTO?
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It oversees trade agreements
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It is a forum for negotiating and settling
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Enforcing trade disputes
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All the above
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Explanation:
Detailed explanation-1: -The two main functions of the WTO are: (d) The administration of the WTO’s institutional framework and the promotion of economic co-operation amongst its members.
Detailed explanation-2: -To facilitate international trade through removal of tariff as well as non tariff barriers. To ensure optimum utilization of world resources. To provide technical assistance and training for developing countries. To establish a rule-based trading regime in which nations cannot place arbitrary restrictions on trade.
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