The main aim of the WTO is to

lend money to countries in a balance of payments crisisCorrect answerYour answerset up a rule-based trading system and cut barriers to tradeCorrect answerYour answerfix the exchange rates of all member currenciesCorrect answerYour answerrun the central banks of developing countriesCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

It aims at a rule-based regime in which no country can put arbitrary restrictions on trade, so that resources are used well worldwide.

Worth noting

Lending in a balance of payments crisis is the IMF's job.

Concept: WTO
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsGlobalisation, outsourcing and the WTO

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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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The main aim of the WTO is to

Explanation