Question

Using World Trade Organization (WTO) Articles give a clear explanation of the following:

What are the function of the WTO?

What are the objectives of the WTO?

What are the objectives of the trade policy review mechanism?

APA 6 Standard must be used.

Question 3

Why are members so hesitant to resort to decision making by voting?

Explain the Role of ‘consensus’, ‘voting’, and the ‘green room’ process

Answer 1

1):-The main function of WT0

• They ecourage the countries to lower protectionist berrier to increase trade flow between the country.

•They always make sure that countries follow trade agreements and and resolve dispute between themselves.

•WTO PROVIDE forum for future trade negotiation.

•They use binding process

•They monitor trade policies.

•They provide Technical assistance and training for developing countries.

2) :-Objective of the WTO is

•The key objective of WTO is to promote free trade among the countries around the world.

•The objective of WTO is Non-discrimination.

•It second objective is to facilitate free trade between countries around the world.

•It helpful in predictions.

•It's main objective is also permote fair competition between countries.

•It is helpful in encourage development and economic reform.

3):-the objectives of the trade policy review mechanism.

•Policy review mechanism is contribute to improve adherence by all members rules.

•Smoother the function of multilateral trading system by achieving transparency.

It is helpful in examine the impact of the member trade policy and

Practice on multilateral trading system.