Question

The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements about the WTO that are true. It is possible that more than one statement is true.
a. The WTO attempts to minimize barriers to trade.
b.The WTO encourages dumping behavior to lower costs for consumers.
c.The WTO assesses complaints of unfair trading from member countries.
d.The WTO is the world's largest government and may impose its decisions on countries that violate trade law.

Answer 1

Answer:

Letter A

Explanation:

The main objective of the WTO is to promote the liberalization of world trade, reducing or extinguishing trade and customs barriers to facilitate economic exchanges at the international level. The agreements involve trade in goods, services, and intellectual property.

It is also important to know that currently, the World Trade Organization has 156 member countries.