What role does the WTO play in national economies?(1 point) Responses

Question

The WTO was established to provide nations with more economic choices. The organization is meant to provide support for struggling national economies and enforce regulations that will keep trade fair.

This can negatively or positively impact a national economy, depending on how the nation works with the WTO. The WTO was established to provide nations with more economic choices. The organization is meant to provide support for struggling national economies and enforce regulations that will keep trade fair.

The WTO was established to provide nations with more economic choices. The organization is meant to provide support for struggling national economies and enforce regulations that will keep trade fair. This always has a positive impact on a national economy.

The WTO was established to lessen the number of decisions that a national economy has to make. The organization is meant to provide support for struggling national economies and enforce regulations that will keep trade fair and competition among member nations down. This always has a positive impact on a national economy.

The WTO was established to lessen the number of decisions that a national economy has to make. The organization is meant to provide support for struggling national economies and enforce regulations that will keep trade fair and competition among member nations down. This can negatively or positively impact a national economy, depending on how the nation works with the WTO.

Answer 1

The most accurate response regarding the role of the WTO in national economies is:

"The WTO was established to provide nations with more economic choices. The organization is meant to provide support for struggling national economies and enforce regulations that will keep trade fair. This can negatively or positively impact a national economy, depending on how the nation works with the WTO."

This statement acknowledges the dual potential impact of WTO regulations on national economies and highlights the WTO's purpose in promoting fair trade and providing support.