Question

Organization. | Purpose ———————————————| ————————————— ? | to supervise and set

| rules for international | trade Which of the following best completes the table?

Answer 1

Step-by-step explanation:

It seems like the information in the table is incomplete, and there is a missing option for the organization that supervises and sets rules for international trade. However, based on the context provided, the organization that fits the description is the World Trade Organization (WTO). Therefore, the completed table would look like this:

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Organization | Purpose

--------------------------|-----------------------------------

World Trade Organization | to supervise and set rules for international trade

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The World Trade Organization is an international organization that deals with the global rules of trade between nations. It provides a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to trade regulations.

Answer 2

Organization. | Purpose

———————————————| —————————————

WTO (World Trade Organization) | to supervise and set

| rules for international

| trade

Step-by-step explanation:

The completion of the table is the World Trade Organization (WTO), an international organization that plays a pivotal role in overseeing and establishing rules for global trade. The purpose of the WTO is to facilitate and regulate international trade by providing a platform for negotiations, resolving trade disputes, and establishing a framework of rules that govern the conduct of member countries in the global marketplace.

Established in 1995, the WTO succeeded the General Agreement on Tariffs and Trade (GATT) and expanded its scope to cover a broader range of trade-related issues. The organization serves as a forum for member countries to engage in trade negotiations, address trade barriers, and ensure fair and transparent trade practices globally.

The inclusion of the WTO in the table highlights its significance as a key international body responsible for fostering a rules-based trading system. By supervising and setting rules for international trade, the WTO contributes to creating a level playing field, promoting economic development, and resolving trade-related conflicts among its member nations. It underscores the collaborative efforts of countries worldwide to establish a structured and equitable environment for conducting international trade.