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Commerce · Q363

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 363

Q363

The main objective of the World Trade Organization is to secure among others is

A.
A general agreement among Common Market Countries on technical training and mutual prices of traded goods
B.
The maintenance of intellectual property rights and patent rights of member countries
C.
An improvement in the USA's terms of trade in the next decade
D.
A reduction in tariffs through negotiation, elimination of import quotas and globalization of international trade
Answer

Answer: Option D

Solution

Answer: Option D
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