The aim of WTO is _______.

to keep watch on trade of less developing countries.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

to support only the least developed countries

No worries! We‘ve got your back. Try BYJU‘S free classes today!

to promote trade in developed countries

No worries! We‘ve got your back. Try BYJU‘S free classes today!

to liberalize international trade

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B to liberalize international trade
World Trade Organisation (WTO) is one such organisation whose aim is to liberalise international trade. Started at the initiative of the developed countries, WTO establishes rules regarding international trade, and sees that these rules are obeyed. As of December 2017, WTO has 164 members.

Suggest Corrections

Similar questions

Which of the following were in the aims behind the setting up of the World Trade Organization (WTO)?

Codes :

All of these
Only 1 and 2
Only 2 and 3
Only 1 and 4

Q. Country A is a developed country, and country B is a developing country. Both the countries are members of the World Trade Organization (WTO).
Country A banned imports from country B because the producers of country B dumped cheaply priced products in country A.

Which of the following do you think is correct?

Q. Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?

Only 2, 3 and 4
Only 1, 3 and 4
Only 2 and 3
All of the Above

Point out any four disadvantages of international trade for the underdeveloped and developing countries.

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

Join BYJU'S Learning Program