What Is the Primary Objective of the World Trade Organization

question 57

Multiple Choice

What is the primary objective of the World Trade Organization?

• A) to help developing countries build a viable economy
• B) to reduce barriers to trade worldwide
• C) to provide technical assistance to developing countries
• D) to promote the invention of new technologies

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Definitions:

Male Labor

The segment of the workforce comprising men, often analyzed in demographic and economic studies.

Discrimination

Unfair treatment or prejudicial judgment toward individuals based on characteristics such as race, age, gender, or religion.

Hiring Process

The series of steps an organization takes to identify, attract, and choose individuals for employment positions.

Firm's Costs

The total expenses incurred by a company in the process of producing and selling goods or services.