Question

What Is the Aim of the WTO?

Answer 1

The following are the aims of WTO:

(1) For setting and enforcing rules for international trade

(2) Providing a forum for negotiating and monitoring of further trade liberalization

(3) Resolving trade disputes that arise between two or more nations

(4) Increasing the transparency of decision-making processes

(5) Co-operating with other major international economic institutions involved in global economic management

(6) Helping developing countries to benefit from the global trading system

Also see:

1. Objectives of WTO
2. MCQs on WTO