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The main objective of the World Trade Organisation (WTO) is to
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- establish a harmonious atmosphere in the world market
- encourage international trade
- increase the volume of international trade through the removal of restrictions on trade gradually
- establish a centre for trading
Correct Option: C
The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade. The organization deals with regulation of trade between participating countries; it provides a framework for negotiating and formalizing trade agreements, and a dispute resolution process aimed at enforcing participants’ adherence to WTO agreements, which are signed by representatives of member governments and ratified by their parliaments
