The three main goals of the World Trade Organization (WTO)are to help the free flow of trade,help negotiate the further opening of markets,and ________.
A)measure the extent of globalization across the world
B)settle trade disputes between its members
C)accelerate technological innovation
D)fund small traders in developing nations

Question

Quizplus · Accepted Answer

Settling trade disputes between its members is one of the main goals of WTO, as it provides a forum for negotiations and dispute resolution between member countries. The other two goals mentioned are also important objectives of WTO, but they do not fully encompass the organization's mandate. WTO does not measure the extent of globalization nor fund small traders in developing nations, although it may indirectly support these through its promotion of trade liberalization and economic growth. Technological innovation may also be facilitated by increased trade and investment, but it is not a stated goal of WTO.

The Three Main Goals of the World Trade Organization (WTO)are