How has the WTO helped globalization of markets and production?
A)It has made low-interest loans available to cash-strapped governments in poor nations.
B)It required the borrowing nation-states to adopt specific economic policies aimed at economic growth.
C)It sought to create a more open global business system unencumbered by barriers to trade and investment between countries.
D)It has helped major nations to launch a coordinated policy response to the global financial crisis.

Question

Quizplus · Accepted Answer

Over its entire history,the WTO has promoted the lowering of barriers to cross-border trade and investment.In doing so,the WTO has been the instrument of its member states,which have sought to create a more open global business system unencumbered by barriers to trade and investment between countries.

How Has the WTO Helped Globalization of Markets and Production