Single Answer MCQ
Q-00015807

What role does the WTO play in global trade?

1

It restricts trade only for developing countries.

2

It encourages global free trade by establishing rules.

3

It only supervises trade among developed countries.

4

It eliminates all trade barriers.

Answer and Solution

Answer

B. It encourages global free trade by establishing rules.

Solution:

The WTO establishes rules to promote free trade and ensure fair practices among countries, not just for developing nations. The other options misrepresent its role.

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