Which of the followings are functions of World Trade Organisation(WTO)?A.Administrating Trade Agreement…
Agreement administration, trade-policy review, dispute settlement and technical assistance/training all form WTO functions. Mediate is a loose term for its…
Choose your answer
Which of the followings are functions of World Trade Organisation(WTO)?
A.Administrating Trade Agreement among the nations B.Monitoring National Trade Policies C.Mediate in Trade Disputes D.Technical Assistance and training
Answer and explanation
Correct answer C
Agreement administration, trade-policy review, dispute settlement and technical assistance/training all form WTO functions. Mediate is a loose term for its dispute-resolution processes, including good offices/mediation and adjudication.
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UGC NET Economics