What is one of the main objectives of the World Trade Organization (WTO)?

Prepare for the Foreign Service Officer Test (FSOT) with comprehensive quizzes and valuable insights. Test your knowledge with diverse questions, precise hints, and detailed explanations. Ace your exam with confidence!

One of the main objectives of the World Trade Organization (WTO) is to promote free trade and regulate trade agreements. The WTO achieves this by facilitating negotiations among member countries to create and enforce a set of fair rules for international trade. This includes reducing trade barriers such as tariffs and quotas, ensuring that trade flows as smoothly, predictably, and freely as possible. By fostering an open trading environment, the WTO aims to boost economic growth and development globally.

While other options such as regulating international debt, imposing tariffs, or negotiating military alliances pertain to different areas of international relations and economic policy, they are not primary objectives of the WTO. The organization is specifically focused on trade issues and works to create a predictable trading environment that benefits all member nations.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy