The World Trade Organization provides for all of the following except:

Question

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The World Trade Organization provides for the use of the most-favored-nation clause, assistance in the settlement of trade disputes, and multilateral tariff reductions. However, it does not provide for bilateral tariff reductions. Bilateral tariff reductions refer to agreements between two countries specifically, while the WTO focuses on multilateral agreements among all member countries.

The World Trade Organization Provides for All of the Following