In theory,_______________ rules should ensure that a free trade agreement does not result in trade diversion.
A) International Monetary Fund
B) World Bank
C) United Nations
D) World Trade Organization
E) GATT

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) is responsible for overseeing and enforcing international trade agreements, including free trade agreements. One of its core principles is to promote free and fair trade without discrimination, including avoiding trade diversion. The WTO works to ensure that free trade agreements do not lead to the diversion of trade away from more efficient producers in favor of less efficient ones within the agreement.

In Theory,_______________ Rules Should Ensure That a Free Trade Agreement