What are the role and functions of wto in international relations?

Answer 1

to monitor the trades of the world to see if any one is doing something stupid and also according to www.wto.org: (it would be best to know what their functions are straight from their own site) The WTO has as its main function the administration of a number of multilateral trade agreements, the objectives of which are to reduce existing trade barriers and to expand international trade and economic development, growing emphasis being placed on trade as an essential factor in the development of less-developed countries. Trade in goods, trade in services and trade related intellectual property and investment, trade and environment questions, trade in agricultural goods are some of the issues the Secretariat is dealing with. The WTO conducts examinations of members' trade policies, and economic research in support of its activities. It administers a dispute settlement mechanism for trade conflicts.

Answer 2

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.

Answer 3

The main function of the World Trade Organization (WTO) is to monitor trade flow. The WTO aims to improve the welfare of its member countries through trade agreements.