What Is The Role Of Wto In International Trade?

1.	What Is The Role Of Wto In International Trade?
Answer» WTO's aim is to LIBERALISE international trade. WTO ESTABLISHES rules regarding international trade and sees that these rules are obeyed. 153 countries of the WORLD are currently members of the WTO. It is seen that the developed countries have unfairly RETAINED trade barriers. On the other hand, WTO rules have forced developing countries to remove trade barriers.

Answer»

WTO's aim is to LIBERALISE international trade.
WTO ESTABLISHES rules regarding international trade and sees that these rules are obeyed.
153 countries of the WORLD are currently members of the WTO.
It is seen that the developed countries have unfairly RETAINED trade barriers. On the other hand, WTO rules have forced developing countries to remove trade barriers.

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