The primary objective of the World Trade Organisation is to
A) help underdeveloped nations increase their standard of living.
B) achieve world peace.
C) remove barriers to trade worldwide.
D) enforce worldwide political and trade regulations.
E) promote the invention of new technologies.

Question

Quizplus · Accepted Answer

The primary objective of the World Trade Organization (WTO) is to remove barriers to trade worldwide, in order to promote free and open trade. This includes reducing tariffs and other trade barriers, as well as promoting fair trading practices between countries. While the WTO does have some influence in promoting development and regulating trade, its main goal is to ensure a level playing field for businesses operating in the global marketplace.

The Primary Objective of the World Trade Organisation Is to