What is the main purpose of the World Trade Organization?

Question

Quizplus · Accepted Answer

The main purpose of the World Trade Organization is to provide the legal and institutional foundations for global trade, including the negotiation and implementation of trade agreements and the settlement of disputes related to international trade. While the WTO aims to reduce tariffs and customs duties, this is one of many objectives of the organization, rather than its primary purpose. The WTO also oversees the trade of both merchandise and services. As such, options A, C, and D are incorrect.

What Is the Main Purpose of the World Trade Organization