JAMB - Economics (2011 - No. 37)
The World Trade Organization is responsible for
stabilizing and harmonization oil prices
ensuring equal participation of countries in trade
modernising world economies
minimizing obstacles to international trade and investment
Explanation
The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
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