Supranational Organizations Questions
The World Trade Organization (WTO) is an international organization that deals with the global rules of trade between nations. Its main role is to ensure that trade flows as smoothly, predictably, and freely as possible. The WTO provides a platform for member countries to negotiate and settle trade disputes, establish trade agreements, and monitor the implementation of these agreements. It also promotes transparency in trade policies, encourages fair competition, and assists developing countries in integrating into the global trading system. Overall, the WTO plays a crucial role in facilitating and regulating international trade.