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What is the primary goal of WTO?

A. Global peace
B. International trade
C. Humanitarian aid
D. Global Finance
Correct Answer: B. International trade

The primary goal of the World Trade Organization (WTO) is to facilitate and regulate international trade. Established in 1995, the WTO works to reduce barriers to trade, ensure fair competition, and provide a framework for negotiating trade agreements and resolving trade disputes among its member countries. Its core function is to help trade flow as smoothly, predictably, and freely as possible.

  • Global peace is primarily the objective of organizations like the United Nations.
  • Humanitarian aid is the domain of various non-governmental organizations and specific UN agencies, such as the World Food Programme.
  • Global Finance is predominantly managed by institutions like the International Monetary Fund (IMF) and the World Bank, which focus on monetary cooperation and financial stability.

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