Q. 65.0( 1 Vote )

Which organizatio

Answer :

The World Trade Organisation (WTO) lays stress on liberalization of foreign trade and foreign investment.


NOTE – Liberalisation of foreign trade and investment, in basic terms, refers to the removal of barriers i.e. economic barriers protecting the domestic producers from the foreign producers. The WTO has increasingly promoted the policy of liberalization at the international level to allow the mechanism of trade to function worldwide without any difficulty.


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