Final answer:
True, one of the goals of the World Trade Organization (WTO) is to encourage lower tariffs and reduce other barriers to trade through negotiations in 'rounds' like the Doha Round.
Step-by-step explanation:
The goal of the World Trade Organization (WTO) is indeed to encourage lower tariffs and reduce other barriers to international trade. Tariffs are taxes placed on imported goods, which can be implemented for various reasons such as protecting domestic industries, humanitarian reasons, or to prevent dumping.
The WTO facilitates negotiations between nations in efforts called 'rounds' to lower these trade barriers, promoting a global economic environment that benefits all participating countries.
For example, the Doha Round of negotiations is focused on increasing market access and reforming agricultural subsidies with the potential to significantly enhance the world economy.
Therefore, the statement that one of the goals of the WTO is to encourage lower tariffs is True.