Question

What impact does the WTO have on the economy of individual nations?(1 point) Responses The WTO helps nations decrease their individual trade through the global trade system. The WTO helps nations decrease their individual trade through the global trade system. The WTO helps nations decrease their individual trade through the national trade system. The WTO helps nations decrease their individual trade through the national trade system. The WTO helps nations increase their individual trade through the global trade system. The WTO helps nations increase their individual trade through the global trade system. The WTO helps nations increase their individual trade through their national trade system. The WTO helps nations increase their individual trade through their national trade system.

Answer 1

The correct response is: The WTO helps nations increase their individual trade through the global trade system. The World Trade Organization (WTO) promotes free and fair trade among its member nations by establishing rules and agreements that govern international trade. By participating in the WTO, nations are able to access new markets, increase exports, and attract foreign investment, which can lead to economic growth and development.