answersLogoWhite

0


Best Answer

Answer this question… It encourages international exchange by removing barriers to trade.

User Avatar

Isac Roob

Lvl 10
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

8y ago

Answer this question… It encourages international exchange by removing barriers to trade.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How did the world trade organization contribute to Globalization?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is Economic globalization guided by the World Trade Organization?

YES


How has the world trade organization contributed to the increasing globalization to the world?

Answer this question… It encourages international exchange by removing barriers to trade.


What WTO stand for?

world trade organization


Which international organization was formed to promote and enforce trade laws and regulations?

The WTO (World Trade Organization)


What international organization attempts to work out trade agreements between all the countries in the world?

. The World Trade Organization (WTO)


Who monitors globalization?

Globalization is such a broad term with so many effects that you could get a lot of results depending on what specific effect of globalization you are talking about. However, there are some prominent Non Governmental Organizations that play a significant role in the processes involved with Globalization. The International Monetary Fund, the World Trade Organization, and the World Bank are three significant organizations that moniter the economic effects of globalization. The United Nations is another Non Governmental Organization that has specific bodies that moniter the economic as well as social impacts of globalization around the world. All of the afformentioned organizations not only monitor the effects of globalization, but they are significant players in the outcomes of international affairs.


What two major inventions led to the globalization of production and world trade?

Railroads and steamships led to the globalization of production and world trade. Production was further aided by the assembly line.


The efforts by the world trade organization on encourage free trade?

the efforts by the world trade organization on encourage free trade?


What has the author Nagesh Kumar written?

Nagesh Kumar. has written: 'Globalization and the quality of foreign direct investment' -- subject(s): Economic policy, Foreign Investments, Globalization, International business enterprises, Investments, Foreign, World Trade Organization


What is a typical Marxist's view on the WTO?

The World Trade Organization seeks to develop trade between countries. One consequence of globalization is the exploitation of developing countries' resources and labor, which a Marxist would certainly be opposed to.


How many members are there in world trade organization?

There are 153 members in the World Trade Organization.


What has the author Bernard M Hoekman written?

Bernard M. Hoekman has written: 'The WTO's agreement on government procurement' -- subject(s): General Agreement on Tariffs and Trade (Organization), Government purchasing 'The World Trade Organization' -- subject(s): Foreign trade regulation, International trade, World Trade Organization 'Imports, entry, and competition law as market disciplines' -- subject(s): Imports, Barriers to entry, Competition, Antitrust law, Barriers to entry (Industrial organization) 'Economic policy responses to preference erosion' -- subject(s): Economic assistance, Free trade, Tariff preferences, World Trade Organization 'Developing countries and the Uruguay Round' -- subject(s): Tariff, Uruguay Round (1987-1994) 'Competition, competition policy and the GATT' -- subject(s): Competition, General Agreement on Tariffs and Trade (Organization), Government policy 'Policies facilitating firm adjustment to globalization' -- subject(s): International business enterprises, Globalization 'Tentative first steps' -- subject(s): Terms of trade, Marketing, Service industries, Commercial policy 'Linking competition and trade policies in Central and Eastern European countries' -- subject(s): Free trade, Competition 'Free trade and deep integration' -- subject(s): Free trade, Dumping (International trade), Trade regulation, Trade blocs, International economic integration 'The World Trade Organization, the European Union and the Arab world' -- subject(s): Commerce, Foreign economic relations, Mediterranean Region, Trade blocs, World Trade Organization 'Economic development, competition Policy, and the World Trade Organization' -- subject(s): Competition, Economic development, World Trade Organization