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Question
Point out the objectives of WTO
Answer in Brief
Solution
- Improving the standard of living of people in member countries
- Making optimum utilization of world’s resources for sustainable development of member countries.
- Promoting an integrated more viable and durable trading system in the sphere of international business
- Expansion of trade in goods and services.
- Ensuring full employment and large steady growth volume of real income and effective demand.
- Protecting the environment.
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World Trade Organisation (WTO)
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