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Question

Which of these organisations emphasises the liberalisation of foreign investment and trade?

A
International Monetary Fund
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B
World Trade Organization
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C
World Trade Association
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D
International Trade Organisation
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Solution

The correct option is B World Trade Organization
The World Trade Organization, commonly referred to as WTO, is an international organisation dealing with the rules of trade between nations. Its goal is to ensure that trade flows as smoothly, predictably, and freely as possible. It was established on 1 January 1995 in Geneva. It believes that trade between countries should be free because barriers to foreign trade and investment restrict the growth of countries.

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