GENERAL KNOWLEDGE

GK

WORLD ORGANISATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a main function of WTO?
A
Reviewing national trade policies
B
Administering trade agreements
C
Settling trade dispute
D
All is correct
Explanation: 

Detailed explanation-1: -The main functions of the WTO are: Administering WTO trade agreements. Providing forum for trade negotiations. Handling trade disputes.

Detailed explanation-2: -The main objective of WTO is-Reduction of tariffs and other barriers to trade.

Detailed explanation-3: -The WTO has many roles: it operates a global system of trade rules, it acts as a forum for negotiating trade agreements, it settles trade disputes between its members and it supports the needs of developing countries.

Detailed explanation-4: -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.

There is 1 question to complete.