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Which of the following international agencies allow free trade and work on mutual trade between countries?
- WTO
- IMF
- UPU
- FAO
Answer:
So, the correct answer is (A): WTO
Explanation
- World Trade Organization (WTO) is an international organization established to liberalize global trade and work on mutual trade between countries.
- InternationalMonetary Fund (IMF) is an organization that helps to stabilize the global monetary system and functions as a watchdog over the world's currencies.
- Universal Postal Union aims to advance socioeconomic development and help attain the UN SDGs.
-
Food and Agriculture Organization( FAO) improve nutrition, increase agricultural productivity
, raise the standard of living in rural population and contribute to global economic growth.
Thus, the correct answer is (A): WTO
