Explain the objectives of WTO.

1.	Explain the objectives of WTO.
Answer» 1. To ensure reduction of tariff and other barriers. 2. To eliminate discrimination in trade. 3. To facilitate higher standard of living. 4. To facilitate optimal use of world’s resources. 5. To enable the LDCs to secure fair share in the growth of international trade. 6. To ensure linkages between trade policies, environmental policies and sustainable development.

Answer»

1. To ensure reduction of tariff and other barriers.

2. To eliminate discrimination in trade.

3. To facilitate higher standard of living.

4. To facilitate optimal use of world’s resources.

5. To enable the LDCs to secure fair share in the growth of international trade.

6. To ensure linkages between trade policies, environmental policies and sustainable development.

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Explain the objectives of WTO.

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