Primary goal of WTO.

The primary goal of the World Trade Organization (WTO) is to facilitate international trade. Established in 1995, the WTO aims to create a fair and transparent trading system that encourages the smooth flow of goods and services across borders. By providing a platform for negotiating trade agreements and resolving disputes, the WTO plays a crucial role in promoting trade liberalization and reducing tariffs and other barriers to trade. This focus on international trade is essential for economic growth, as it allows countries to specialize in the production of goods and services they can produce most efficiently.

In addition to its primary goal of promoting trade, the WTO also supports the development of trade-related policies that can enhance economic cooperation among its member countries. By fostering an environment where trade can flourish, the organization contributes to job creation and the overall improvement of living standards globally. The rules established by the WTO help ensure that trade is conducted fairly, which is vital for maintaining healthy economic relationships between nations.

While other issues such as global peacekeeping, monetary stability, and environmental protection are important, they fall outside the core mission of the WTO. The organization's specific mandate revolves around trade and economic cooperation, making it a key player in shaping the dynamics of global commerce. Understanding this primary goal is essential for anyone preparing for competitive exams that cover international relations and economic policies.