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Which trading system does the WTO follow?

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Question

Which trading system does the WTO follow?

Options

  • A rule-based, multilateral trading system.

  • A regional non-discriminatory trading system.

  • A bilateral investment-based trading system.

  • A unilateral tariff-based trading system.

MCQ
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Solution

The WTO follows a rule-based, multilateral trading system. This system involves trade rules that apply across its member countries.

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