Correct option is B
The World Trade Organization (WTO) is the primary international organization that promotes globalization by regulating international trade. Established in 1995, the WTO deals with the rules of trade between nations and aims to help producers of goods and services, exporters, and importers conduct their business.
The WTO focuses on trade liberalization, reducing barriers to trade like tariffs, quotas, and subsidies.
Promoting Free Trade: Globalization is promoted by the WTO through agreements like the General Agreement on Tariffs and Trade (GATT), which reduce trade restrictions between member countries.
Global Economic Growth: By fostering international cooperation and easing trade, the WTO helps drive economic growth and development worldwide.
WHO (World Health Organization) – Established in 1948, it coordinates international public health efforts.
UNESCO (United Nations Educational, Scientific and Cultural Organization) – Established in 1945, it promotes global peace through education, science, and culture.
UNCTAD (United Nations Conference on Trade and Development) – Established in 1964, it supports developing countries in trade and sustainable development.
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25 Questions
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