Multiple choice

What is meaning of WTO?

  1. World Taxes Organization

  2. World Trade Organization

  3. World Thermal Organization

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The World Trade Organization (WTO) is an international institution that deals with global trade rules between nations. It was established in 1995 to supervise and liberalize international trade, replacing the General Agreement on Tariffs and Trade (GATT). The WTO provides a framework for negotiating trade agreements and resolving trade disputes.

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