Question 17 of 19
Q.What is World Trade Organisation (WTO) ?
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023Subjective· 2mImportance★★★★★
89% · 17/19 Questions
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Start your 14-day free trial to unlock the full solution →The WTO is the global organisation (est. 1995, HQ Geneva) that sets and enforces the rules of international trade.
In the Tamil Nadu HSC Class-11 Commerce syllabus, the WTO is studied as a key facilitator of international business.
- Establishment: Set up on 1 January 1995, replacing the earlier GATT (General Agreement on Tariffs and Trade).
- Headquarters: Geneva, Switzerland.
- Purpose: It provides the framework of rules governing trade between member countries and settles trade disputes. …
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