Question

Giving valid reasons, state whether the following statement is  true or false.

The objective of World Trade Organisation (WTO) is to establish a rule-based regime in world trade.

Options

• True

• False

Answer 1

This statement is True.

Explanation:

• The World Trade Organisation (WTO) seeks to establish a system of international commerce based on rules that guarantee equitable and consistent trade between countries.
• It promotes free and fair international trade by establishing rules and agreements that participating nations must abide by.