What is the primary goal of the World Trade Organization (WTO), as highlighted in the chapter?
Understand the Problem
The question is asking about the primary goal of the World Trade Organization (WTO) as outlined in the chapter. It queries the specific objectives of the WTO, which relate to international trade and cultural exchanges.
Answer
Facilitating international trade and resolving trade disputes.
The primary goal of the World Trade Organization (WTO) is to facilitate international trade and resolve trade disputes.
Answer for screen readers
The primary goal of the World Trade Organization (WTO) is to facilitate international trade and resolve trade disputes.
More Information
The WTO aims to ensure that trade flows as smoothly, predictably, and freely as possible, focusing on reducing trade barriers and resolving disputes.
Tips
A common mistake is to misinterpret the WTO's role as involving cultural or military aspects, which are not its focus.
Sources
- The WTO in brief - wto.org
- World Trade Organization (WTO): What It Is and What It Does - investopedia.com
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