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The World Trade Organization is responsible for

Economics
JAMB 2011

The World Trade Organization is responsible for

  • A. stabilizing and harmonization oil prices
  • B. ensuring equal participation of countries in trade
  • C. modernising world economies
  • D. minimizing obstacles to international trade and investment
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Correct Answer: Option D
Explanation

The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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