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Which organization facilitates free trade?
Suggested Answer: D
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The World Trade Organization (WTO) (D) oversees global trade rules, per the CIPS L3M6 syllabus. NATO (A) is a military alliance, the UN (B) addresses broader issues, and the World Bank (C) focuses on development. CSR intersects with WTO policies in logistics.
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32 comments · newest first
TE
Terrilyn
10 months ago
Yeah, WTO is the go-to for free trade agreements!
VI
Viki
11 months ago
Wait, are we sure it's not the World Bank? Seems off.
SH
Shantay
11 months ago
I thought it was the United Nations that handled trade issues?
RA
Rashad
11 months ago
Definitely the World Trade Organization (WTO) facilitates free trade!
JA
Jackie
11 months ago
The WTO is the right answer, no doubt about it!
LA
Laurel
11 months ago
The World Bank is more about development and loans, so I’m leaning towards the WTO for this question.
BE
Benton
12 months ago
The United Nations seems to focus on peace and security, so I doubt it’s the right answer for free trade.
AR
Arlean
12 months ago
I remember practicing a question about international organizations, and I think NATO was more about military alliances, not trade.
HA
Haydee
1 year ago
I think the WTO is the one that deals with free trade, but I’m not completely sure.
AL
Albina
1 year ago
I'm confident the answer is D, the World Trade Organization. They're the primary international body responsible for the agreements and rules governing free trade between nations.
BE
Beula
1 year ago
NATO? Really? I don't think they have anything to do with free trade. The UN and World Bank are possibilities, but I'm leaning towards the WTO as the organization that's specifically focused on facilitating free trade between countries.
BE
Beula
1 year ago
The WTO seems like the most likely answer here. They're the main international organization that deals with the rules of trade between countries, so that makes sense. I'll go with D.
MI
Michal
1 year ago
Hmm, I'm not totally sure about this one. I know the UN and World Bank are involved in economic issues, but I'm not sure if they specifically focus on free trade. I'll have to think this through a bit more.
DI
Dick
1 year ago
I'm pretty sure the World Trade Organization (WTO) is the organization that facilitates free trade, so I'll go with option D.
DE
Deonna
2 years ago
D, the WTO. Although I hear their meetings are like a global version of 'The Apprentice' - lots of yelling and finger-pointing, but they get the job done.
AN
Antonette
1 year ago
It's interesting to hear that their meetings can get intense, but as long as they are getting results, that's what matters.
CY
Cyril
1 year ago
I agree, the WTO plays a key role in promoting global trade.
SC
Scarlet
1 year ago
Yeah, the WTO is definitely the organization that focuses on free trade.
CA
Cathrine
2 years ago
I think it's D, the WTO. They do a good job of facilitating free trade.
MA
Mabel
2 years ago
I was tempted to go with B, the UN, but then I remembered they're more about keeping the peace than facilitating trade. Gotta be D, the WTO.
MA
Margery
2 years ago
D, no doubt. The WTO is the organization that keeps the world's economies from going at each other's throats.
RI
Rickie
2 years ago
Yes, the WTO helps prevent trade wars and ensures fair competition among countries.
PE
Pearlie
2 years ago
I agree, the WTO plays a crucial role in promoting global trade.
SU
Sueann
2 years ago
Gotta be D. The WTO is like the global traffic cop for international trade. Can't have free trade without them.
LA
Lawanda
2 years ago
D! The WTO is the obvious choice here. They're the ones who make sure trade flows smoothly between countries.
SH
Sheldon
1 year ago
Definitely. It's important to have a governing body like the WTO to regulate and facilitate trade agreements.
OL
Olive
2 years ago
I agree. Without organizations like the WTO, international trade would be much more complicated.
DE
Derrick
2 years ago
Yes, you're right. The WTO plays a crucial role in promoting free trade.
GR
Grover
2 years ago
D! The WTO is the obvious choice here. They're the ones who make sure trade flows smoothly between countries.
AV
Avery
2 years ago
I agree with Valentine, WTO sets rules for trade between nations.
VA
Valentine
2 years ago
I think it's D too, WTO promotes free trade globally.
RO
Rodolfo
2 years ago
D) World Trade Organization (WTO)