Question

What is the role of the World Trade Organization?

Answer 1

^{The World Trade Organization (WTO) is a global trade organization that was founded in 1995. The WTO is tasked with ensuring that international trade is conducted in a fair, equitable, and transparent manner. The WTO also helps to resolve trade disputes between member countries.}

Answer 2

The World Trade Organization (WTO) is an organization that ensures that the global trade rules are adhered to nation states. The organization supports the liberalization of trade. WTO also ensures that no nation is discriminated against or given special treatment during the trading process. WTO ensures that tariffs are used as instruments for protection of local markets. The international organization makes sure that states are given the same concessions as other states have granted to them.

Answer 3

The role of the World Trade Organizationn is that it acts as  a link in strengthening the business relationships between the member countries.

Answer 4

In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

Answer 5

The primary role of the World Trade Organization (WTO) is to deal with global rules in trade. It maintains the trade to be executed swimmingly.

Answer 6

 The World Trade Organization (WTO) is an international organization that promotes international trade. It is also the name of the main body of WTO members. The WTO comprises all countries that have signed the existing international trade agreements and also represents new member countries. The WTO’s headquarters are in Geneva, Switzerland. Additionally, 162 representatives from its member states meet every year to discuss trade policies and negotiate new agreements on international trade. Additionally, these representatives form committees to examine specific issues related to international trade. These committees form recommendations for their respective member states that are then implemented at the national level.

Answer 7

World trade organization is the only international organization dealing with the global rule of trade.its main function is to ensure that trade flows as smoothly , predictably and freely as possible

Answer 8

The World Trade Organization is a global organization that helps to promote global trade and cross-border cooperation. It is headquartered in Geneva, Switzerland.

Answer 9

World Trade Organization is global trade organization that regulate international trade, creates trade rules and ensures smooth flow of goods.

Answer 10

the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.