Which of the following is a key principle of the WTO?
Practice Questions
Q1
Which of the following is a key principle of the WTO?
Most-favored-nation treatment
Collective security
Sovereign equality
Universal human rights
Questions & Step-by-Step Solutions
Which of the following is a key principle of the WTO?
Step 1: Understand what WTO stands for. WTO means World Trade Organization.
Step 2: Learn about the key principles of the WTO. One important principle is called 'most-favored-nation treatment.'
Step 3: Know that 'most-favored-nation treatment' means that if a country gives a special trade advantage to one country, it must give the same advantage to all other WTO members.
Step 4: Recognize that this principle helps to ensure fair trade between countries.
