GK
WORLD ORGANISATIONS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a main function of WTO?
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Reviewing national trade policies
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Administering trade agreements
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Settling trade dispute
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All is correct
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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.
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