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21-12-2022
Social Studies

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_____oversees international trade agreements for most countries in the world and resolves trade disputes between nations.

Answer :

tutorconsortium127 tutorconsortium127

24-12-2022

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.

What is the objective of World Trade Organization?

An intergovernmental body called the World Trade Organization governs and promotes global trade. Governments use the organization to create, amend, and enforce the laws that regulate global commerce with effective cooperation within the United Nations System.
In a nutshell, the World Trade Organization (WTO) is the sole international body in charge of regulating international trade. This organization's main objective is to ensure that trading is as simple, dependable, and unrestricted as feasible.
There are 164 members of the WTO right now. New members' integration into the global economy is facilitated by the accession procedure. Numerous clauses in the WTO accords grant developing and least-developed nations "special and differential treatment" in the form of enhanced privileges or more latitude.

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