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Enter Another Question

5/15/21

[Answer] What is one stated purpose of the World Trade Organization?

Answer: to monitor trade policies of many countries




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What is one stated purpose of the World Trade Organization? The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade between nations. It officially commenced operations on 1 January 1995 pursuant to the 1994 Marrakesh Agreement thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization with 164 member states representing over 96% of global trade and global GDP. The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade between nations. It officially commenced operations on 1 January 1995 pursuant to the 1994 Marrakesh Agreement thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world s largest international economic ... The World Trade Organization is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement signed by 123 nations on 15 April 1994 replacing the General Agreement on Tariffs and Trade which commenced in 1948. The WTO deals with regulation of trade between participating countries by providing a … The main functions of WTO are discussed below: More items... World Trade Organization (WTO): Objectives and Functions What Is the World Trade Organization? The World Trade Organization - 1st Edition - Debra P. Steger - Routl... China and the World Trade Organization . China became a member of the World Trade Organization (WTO) on 11 December 2001 after the agreement of the Ministerial Conference. The admission of China to the WTO was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy . Aid for Trade is an initiative by the World Trade Organization as well as a policy concept in international economic and trade development concerned with helping developing countries and par...


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