A principal objective of the World Trade Organization is to
A)Protect import-competing producers.
B)Equalize income tax structures in various countries.
C)Assist in retraining workers displaced by imports.
D)Reduce barriers to trade.

Question

Quizplus · Accepted Answer

The World Trade Organization's main objective is to reduce barriers to trade among member countries. This includes tariffs, quotas, and other restrictions on imports and exports. By reducing these barriers, the WTO aims to promote greater international trade and economic growth. The other choices (A, B, and C) do not accurately reflect the core mission of the WTO.

A Principal Objective of the World Trade Organization Is to