To facilitate the implementation, administration and operation of trade agreements
To settle differences and disputes among its member countries
To facilitate the expansion and balanced growth of international trade
The carry out periodic reviews of the trade policies of its member countries
Answer is Right!
Answer is Wrong!
The correct answer is D. The carry out periodic reviews of the trade policies of its member countries.
The WTO’s basic functions are:
- To facilitate the implementation, administration and operation of trade agreements.
- To settle differences and disputes among its member countries.
- To provide a forum for trade negotiations.
- To promote the expansion of international trade.
- To act as a centre for harmonizing trade-related rules and disciplines.
- To provide technical assistance to developing and least-developed countries.
The WTO does not carry out periodic reviews of the trade policies of its member countries. This is the responsibility of the World Bank and the International Monetary Fund.