International Economic Organisations — Economics STD 12 — Question

The following are the functions of the WTO
1. It facilitates the implementation, administration and operation of the objectives of the Agreement and of the Multilateral Trade Agreements.
2. It provides the forum for negotiations among its members, concerning their multilateral trade relations in matters relating to the agreements.
3. It administers the Understanding on Rules and Procedures governing the Settlement of Disputes.
4. It cooperates with the IMF and the World Bank and its affiliated agencies with a view to achieving greater coherence in global economic policy making.