Analyze the international role of WTO, one can conclude that the WTO

Answer 1

plays a significant role in governing international trade relations and promoting economic cooperation among countries. It establishes and enforces rules and agreements that regulate international trade, resolves disputes between countries regarding trade policies, and provides a platform for negotiations on trade liberalization.

The WTO also works to promote fair and non-discriminatory trade practices, prevent protectionism, and ensure that developing countries have a voice in international trade negotiations. It also facilitates technical assistance and capacity-building for developing countries to help them participate effectively in the global trading system.

Overall, the WTO plays a crucial role in promoting a rules-based international trading system that benefits all its members by promoting economic growth, stability, and development.