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Question : How does the World Trade Organization (WTO) promote trade liberalization?

Option 1: By imposing trade sanctions

Option 2: By reducing trade barriers

Option 3: By offering financial incentives

Option 4: By increasing import quotas


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: By reducing trade barriers


Solution : Correct Option: 2
Explanation: The World Trade Organization (WTO) promotes trade liberalization by reducing trade barriers, such as tariffs and quotas, to encourage the free flow of goods and services between countries.

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