The World Trade Organization promotes ____.
A) lowering of barriers to cross-border trade and investment
B) infrastructural development in poor nations through low-interest loans
C) state ownership of major enterprises
D) regulation of national economies

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) was established to promote the lowering of barriers to cross-border trade and investment among its member countries. It works towards reducing trade tariffs, subsidies, and other trade restrictions to promote free and fair trade globally. Therefore, option A is the best choice as it shows WTO's primary objective.

The World Trade Organization Promotes ____