Asked by Sailesh magar on May 18, 2024
Verified
The organization created to oversee the provisions of multilateral trade agreements, resolve disputes under the international trade rules, and meet periodically to consider further trade liberalization is called the
A) International Monetary Fund (IMF) .
B) World Trade Organization (WTO) .
C) Common Market Organization (CMO) .
D) International Trade Commission (ITC) .
Trade Liberalization
The process of reducing tariffs, quotas, and other barriers to allow for the free flow of goods between countries.
- Assess the function and procedures of international trading organizations, giving special attention to the World Trade Organization (WTO).
Verified Answer
TH
Theresa HickmanMay 20, 2024
Final Answer :
B
Explanation :
The World Trade Organization (WTO) is the international organization designed to oversee and facilitate international trade agreements, resolve disputes between countries regarding trade, and work on further liberalizing global trade.
Learning Objectives
- Assess the function and procedures of international trading organizations, giving special attention to the World Trade Organization (WTO).