World Trade Organization deals with
Question and options
World Trade Organization deals with
- Global rules of trade between nations
- Global rules on exchange rates and currencies
- Global rules for funding trade
- Global rules for business development
Answer and explanation
Correct answer: A - Global rules of trade between nations
The World Trade Organization is the global body that deals with the rules of trade between nations, covering trade in goods, trade in services and trade-related intellectual property through its agreements. Rules on exchange rates and currencies are the concern of the International Monetary Fund, and funding and development are the work of development banks, not of the WTO.
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