What Is the Function of WTO?


The function of WTO is to promote international trade. It does so by setting standards and overseeing the terms of engagement to guarantee fairness in international trade and giving the emerging economies an upper hand in global trade. WTO is based in New York.
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Administering WTO trade agreements Forum for trade negotiations Forum for trade dispute settlement Monitoring national trade policies Providing technical assistance and training for
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Wto:1:an international organization based in Geneva that monitors and enforces rules governing global
1 Additional Answer
The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main functions include administering WTO trade agreements, forum for trade negotiations, conduct forums for trade dispute settlement, monitor national trade policies, provide technical assistance and training for developing countries and ensure functional cooperation with other international organisations.
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