Question

Write the following statement as True or False with reason.

The World Trade Organization imposed restrictions on imports of goods.

विकल्प

• True

• False

Answer 1

This statement is False.

Explanation:

1. WTO is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers.
2. The WTO is the only international agency overseeing the rules of international trade.
3. It promotes free trade agreements, settles trade disputes between governments and organises trade negotiations.