Which of the following were the aims beh...

Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?
1. Promotion of free trade and resource flow across countries
2. Protection of intellectual property rights
3. Managing balanced trade between different countries
4. Promotion of trade between the former East Block countries and the western world.
Select the correct answer using the codes given below :

1, 2, 3 and 4

1 and 2

2 and 3

1 and 4

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Verified by Experts

The correct Answer is:

All the given statements are correct regarding the World Trade Organization. The members of the GATT signed agreement of Uruguay Round in 1994 for establishing WTO which officially was constituted on Jan 1, 1995.

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