Question : The main watchdog of international trade is:
Option 1: World Trade Organisation (WTO)
Option 2: International Finance Corporation (IFC)
Option 3: International Monetary Fund (IMF)
Option 4: World Bank
Correct Answer: World Trade Organisation (WTO)
Solution : The correct option is the World Trade Organisation (WTO).
The World Trade Organisation began operations on January 1st, 1995. It is in charge of regulating global trade and helps its 164 members negotiate trade deals. The organisation also functions as a forum for resolving trade disputes between nations, oversees the implementation of trade agreements, and conducts research on international trade and economic policy.
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