Functions of WTO

Q.

What Is The Main Aim Of the World Trade Organization

Q.

What Is the Aim of the WTO?

Q. Which of the following agreements is related to the protection of intellectual properties?

1. GATT
2. TRIPS
3. GATS
4. TPRB

Q. The monitors the impact of trade policies on the environment and sets regulations on trade to reduce negative impact.

1. WWF
2. GATT
3. World Bank
4. WTO

Q. When the world economy suffers, people lose their jobs, banking systems fail, and businesses incur losses, does the World Trade Organization help its member countries?

1. Yes. The WTO tries to make more and more countries part of the organisation.
2. No. It is outside the perview of the WTO.
3. Yes. The WTO tries to bring stability by trading between countries.
4. No. The lesser the trade, the better it is, as there will be no pollution due to transportation of goods.

Q. Which of the following statement(s) highlight(s) the role of the World Trade Organization?

1. It provides financial aids to the countries.
2. It formulates rules of international trade.
3. It grants loans for infrastructure development in developing countries.
4. It ensures that trade flows as smoothly, predictably, and freely as possible.