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

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsLiberalisation, Privatisation And Globalisation3 Marks
Question
What are the objectives of WTO?
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Answer

Objectives of World Trade Organisation (WTO) are:
  1. Reduction of trade barriers to liberalise world trade.
  2. Serves as a platform for countries to raise their concerns regarding the trade policies of their trading partners.
  3. To enlarge production and trade of services.
  4. To ensure optimum utilisation of world resources.
  5. To protect the environment.
  6. To provide greater market access to all member countries.

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