Economics · World Trade Organization (WTO)
Consider the following statements regarding the World Trade Organization (WTO): Statement (I): The WTO dictates national policies to sovereign member states. Statement (II): The WTO is for free trade at any cost, regardless of environmental or social concerns. Statement (III): The WTO holds the core conviction that non-discriminatory trade promotes economic development. Indicate the correct code:
- 1Statements (I) and (II) are correct while Statement (III) is incorrect
- 2Statements (I) and (II) are incorrect while Statement (III) is correct✓
- 3All three statements are incorrect
- 4All three statements are correct
Correct answer
Statements (I) and (II) are incorrect while Statement (III) is correct
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