Question

Apart from removing obstacles influencing foreign trade, what does the World Trade Organization do for the member countries?

• A. Promotes financial stability in member countries
• B. Brings down cost of living in member countries
• C. Stimulates economic growth of its member countries
• D. Stimulates employment opportunities in member countries

Answer 1

Answer: (B), (C), (D)

Stimulates employment opportunities in member countries

The World Trade Organization ensures economic growth of all its member countries, especially the developing and underdeveloped nations. It aims to bring down the cost of living in the member countries by stimulating employment opportunities, thereby raising the standard of living.