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Question
The World Trade Organization promotes which of the following policies? Choose the appropriate option.
The World Trade Organization promotes which of the following policies? Choose the appropriate option.
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Solution
The correct option is B Liberalisation
The World Trade Organization believes that trade between countries should be free, as barriers to foreign trade and investment restrict the growth of countries. So, there should be no trade barriers, and all the countries in the world should liberalise their policies.
The World Trade Organization believes that trade between countries should be free, as barriers to foreign trade and investment restrict the growth of countries. So, there should be no trade barriers, and all the countries in the world should liberalise their policies.
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