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Liberalisation, Privatisation And Globalisation — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsLiberalisation, Privatisation And Globalisation1 Mark
Question
What is the main objective of World Trade Organisation?
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Answer

WTO is a rule-based trading regime, whose purpose is to enlarge production and trade of goods and services, by ensuring optimum utilisation of world resources and to protect the environment.

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