The main objective of WTO is to
- ensure adequate protection of infant industries
- provide a mechanism for tariff reduction
- assist countries with chronic balance of payments problem
-
assist developing countries to execute developmental projects
The correct answer is: D
Explanation
The world trade organisation has six key objectives some of which are:
(1) to set and enforce rules for international trade
(2) to provide a forum for negotiating and monitoring further trade liberalization
(3) to resolve trade disputes
(4) to increase the transparency of decision-making processes
(5) to cooperate with other major international economic union