Advertisements
Advertisements
Question
Which of the following international agencies allow free trade and work on mutual trade between countries?
Options
WTO
IMF
UPU
FAO
Solution
WTO
Explanation:
- The World Trade Organization (WTO) is an international organization founded to liberalize global trade and promote cross-national trade.
- The International Monetary Fund (IMF) is an organisation that serves as a watchdog over the world's currencies and helps to stabilize the global monetary system.
- The Universal Postal Union aims to advance socioeconomic development and contribute to the achievement of the UN SDGs.
- FAO improves nutrition, increases agricultural productivity, raises the standard of living for rural populations, and contributes to global economic growth.
Thus, the correct answer is WTO.
APPEARS IN
RELATED QUESTIONS
Which one of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
With the help of the internet, get the following information about the World Trade Organisation - logo, member countries, aims, programmes, etc.
General Agreement on Tariff and Trade was signed on ______.
What is WTO?
What is GATT?
What is the primary motive of establishment of WTO?
What are the criticisms of WTO?
Point out the objectives of WTO
Write down the functions of WTO.
Describe the benefits of WTO
Multinational corporations have succeeded in entering global markets through:
The number of countries that are currently members of the WTO are:
WTO rules have forced the developing countries to remove:
When was the WTO established?
