NoahRock
Answered

What is one of the goals of the World Trade Organization?
A
to reduce barriers to trade between nations
B
to raise prices for goods on which people rely
C
to increase government regulation of business
D
to limit economic specialization among nations



Answer :

The correct answer is:

A) to reduce barriers to trade between nations

Explanation:

1. The World Trade Organization (WTO) aims to facilitate trade among countries by reducing barriers such as tariffs, quotas, and other restrictions that can hinder the flow of goods and services between nations.

2. By lowering trade barriers, the WTO promotes free and fair trade practices, which can benefit economies by increasing efficiency, promoting competition, and expanding market access for countries around the world.

3. Through negotiations and agreements, the WTO works to establish a set of rules that govern international trade, providing a platform for countries to resolve trade disputes and ensure a more predictable and transparent trading environment.

4. Overall, one of the primary goals of the World Trade Organization is to create a more open and inclusive global trading system that fosters economic growth and development for all member countries.

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