Question

The prime purpose of WTO is to promote:

• A. Financial Support
• B. Global Peace
• C. Unilateral Trade
• D. Multilateral Trade

Hint:

WTO rules apply across many member countries together, not to one country acting alone.

Answer 1

The Correct Option is D

The World Trade Organization was formed in 1995, taking over from the earlier General Agreement on Tariffs and Trade. It is based in Geneva and today counts well over 160 nations as members, making it one of the largest bodies governing how countries trade with each other.

What the WTO is really built for is to create a shared rulebook that many countries agree to follow together, which is what the term multilateral trade refers to. This shared framework allows member nations to trade goods and services with predictable rules and gives them a forum to resolve disputes instead of taking unilateral steps against each other.

Options like financial support and global peace fall under the work of bodies such as the IMF, World Bank, or the United Nations rather than the WTO. And unilateral trade actually runs counter to the WTO's approach, since the organization exists precisely to move countries away from one sided trade actions.

Therefore, the WTO's prime purpose is to promote multilateral trade, making option 4 the right answer.