Which is the only international organisation dealing with the global rules of trade between nations?
Answer & explanation
Correct answer: option 2
The correct answer is option 2: WTO
NCERT: WTO is the only international organisation dealing with the global rules of trade between nations. It sets the rules for the global trading system and resolves disputes between its member nations. WTO also covers trade in services, such as telecommunication and banking, and others issues such as intellectual rights.