A global institution whose purpose is to promote free trade and open markets around the world is known as the ______________.

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) is a global institution with a mandate to promote free trade and open markets. It has 164 member countries and serves as a forum for negotiating and implementing trade agreements, as well as resolving disputes between member countries related to trade. The other options listed, while related to trade or commerce, do not have the same global mandate as the WTO.

A Global Institution Whose Purpose Is to Promote Free Trade