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Question

Which of the following is a function of the World Trade Organization?

A
Set rules for global trade
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B
Dispens matters of international justice
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C
Strengthen economic security
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D
Set prices of crude oil
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Solution

The correct option is A Set rules for global trade
The World Trade Organization or WTO was established to facilitate free and fair trade for the 164 member countries. It provides a platform for negotiations in international trade. It also handles the differences related to trade and monitors the trade policies between member countries.

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