In late 2001, the WTO launched a new round of talks in Doha aimed at:
A) helping member states to cope with financial crisis.
B) further liberalization of the global trade and investment framework.
C) protecting national economies from global competition.
D) promoting higher standards of living in all member states.

Question

Quizplus · Accepted Answer

The Doha Development Round launched by the WTO in late 2001 was aimed at further liberalization of the global trade and investment framework. The talks focused on trade-related issues such as agriculture, intellectual property, and services, with the goal of reducing trade barriers and boosting economic growth, particularly in developing countries. While the round had development in its title, it was largely focused on trade liberalization rather than aid or support programs.

In Late 2001, the WTO Launched a New Round of Talks