Question : What is one of the main roles of the World Trade Organization (WTO) in international trade?
Option 1: Regulating global oil prices
Option 2: Setting international labor standards
Option 3: Facilitating trade negotiations and agreements
Option 4: Providing financial aid to developing countries
Correct Answer: Facilitating trade negotiations and agreements
Solution :
Correct Option: 3
Explanation: One of the main roles of the World Trade Organization (WTO) is to facilitate trade negotiations and agreements among its member countries to ensure smooth and predictable international trade.