Trade restrictions violate the spirit of the WTO.

Question

Quizplus · Accepted Answer

Trade restrictions such as tariffs, quotas, and embargoes are against the principles of free trade and non-discrimination upheld by the World Trade Organization (WTO). The WTO aims to promote a level playing field for all member countries to engage in international trade without facing arbitrary barriers to entry. Therefore, any measures that limit trade, whether it's for economic or political reasons, go against the spirit of the WTO.

Trade Restrictions Violate the Spirit of the WTO