Question
What is the basic function of the World Trade Organisation?
Solution
The basic functions of W.T.O. are as under.
1. To look after the promotion of free and fair trade amongst nations.
2. It sets the rules for the global trading system and resolves the dispute between its member nations.
3. It deals with the global rule of trade between nations. It also covers trade in services such as telecommunication and banking and other issues.
