The World Trade Organization (WTO) is really important for keeping the world’s economy stable. Here’s how it helps:
Trade Rules: The WTO creates guidelines for trade between countries. This helps trade go smoothly and predictably.
Dispute Resolution: When countries have trade disagreements, the WTO has a way to help solve these issues. This keeps peace between countries.
Capacity Building: The WTO helps poorer countries improve their trade skills. This lets them take part in the global economy better.
Market Access: The WTO encourages open trade. This means more markets are available for countries to sell their goods, which helps everyone grow and stay stable.
By doing all these things, the WTO plays a big part in making the world's economy stronger and more dependable.
The World Trade Organization (WTO) is really important for keeping the world’s economy stable. Here’s how it helps:
Trade Rules: The WTO creates guidelines for trade between countries. This helps trade go smoothly and predictably.
Dispute Resolution: When countries have trade disagreements, the WTO has a way to help solve these issues. This keeps peace between countries.
Capacity Building: The WTO helps poorer countries improve their trade skills. This lets them take part in the global economy better.
Market Access: The WTO encourages open trade. This means more markets are available for countries to sell their goods, which helps everyone grow and stay stable.
By doing all these things, the WTO plays a big part in making the world's economy stronger and more dependable.