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Question

What Is The Main Aim Of the World Trade Organization


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Solution

WTO – World Trade Organization is an organization that regulates and facilitates international trade between nations. The main aim of the World Trade Organization is to achieve the following objectives through the multilateral trading system.

  • Raise living standards
  • To assure full employment
  • To increase the production of and trade in goods and services
  • To assure a large and firmly growing volume of real income and effective demand

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