IGNOU IBO 3 2017 2018 - Role of international organizations in world trade

Question

Role of international organizations in world trade

29 Aug 2017

Answer :

Word Count : 315

World Trade organization (WTO) has a crucial role to play in the international trade, global economics, political and legal issues arising in the international business because of the globalization.

WTO has emerged as a world’s most powerful institutions for reducing trade related barriers between the countries and opening new markets.World Trade Organization is the only International governing body that World Trade Organization replaces General Agreement on Tariffs and Trade

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