Single Answer MCQ
Q-00002714

What are some important factors and institutions that facilitate globalisation?

1

Trade barriers

2

Isolationist policies

3

World Trade Organization (WTO)

4

Restrictive immigration policies

Answer and Solution

Answer

C. World Trade Organization (WTO)

Solution:

The World Trade Organization (WTO) is an important institution that facilitates globalisation by setting rules for international trade, resolving trade disputes, and promoting a more open and predictable global trading system.

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