Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
< Back to questions :: Q&A / B2B / Paper and Paper Products

Main objective of WTO

Paper and Paper Products
From Cuba
To French Polynesia
774 views / 0 experts
Andrea T.
Jun 08, 2020
What is the main objective of WTO?

2 answers

Jun 22, 2020
Hi Andrea! The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade among nations. It sets the rules for the global trading system and resolves disputes between its member nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. Another important objective of WTO is to actually promote international trade. WTO also covers trade in services, such as telecommunication and banking, and others issues such as intellectual rights.
read more
Julius S.
Jun 08, 2020
The WTO has six key objectives:1. To set and enforce rules for international trade.2. To provide a forum for negotiating and monitoring further trade liberalization.3. To resolve trade disputes.4. To increase the transparency of decision-making processes.5. To cooperate with other major international economic institutions involved in global economic management.6. To help developing countries benefit fully from the global trading system.
read more

Top Rated Experts

Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies