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International Economic Organisations — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsInternational Economic Organisations3 Marks
Question
Explain the objectives of WTO?
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Answer

  1. To ensure reduction of tariff and other barriers.
  2. To eliminate discrimination in trade.
  3. To facilitate higher standard of living.
  4. To facilitate optimal use of world’s resources.
  5. To enable the LDCs to secure fair share in the growth of international trade.
  6. To ensure linkages between trade policies, environmental policies and sustainable development.

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