Formulates Policies Trading System Relevant International Trade Some Them Are Follows

WTO formulates policies of trading system relevant for international trade. Some of them are as follows:

Answers:

WTO formulates policies of trading system relevant for international trade. Some of them are as follows:
1. Non-discrimination in trade practices.
2. Reciprocity to obtain better access to foreign markets.
3. Binding and enforceable tariff commitments through multilateral negotiations.
4. Restriction of international trade through safety values in special circumstances.
Identify the values involved in the action taken by WTO.