Which of the following statements are true regarding free trade?

Promotes barriers to import and export.

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Reduces complexity of trade rules.

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WTO resolves international trade disputes.

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No countries are interested in adopting free trade rules.

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Solution

The correct option is C WTO resolves international trade disputes.
Trade is extremely important for the economic prosperity of all nations. Many countries are moving towards free trade policies. Free trade is a scenario where barriers for import and export are removed. It reduces complexity in trade rules.

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