Choose if the given statement is True/False.

UNICEF is one such organisation whose aim is to liberalise international trade.

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True

False

answer is B.

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Detailed Solution

The above statement is False.
The WTO is an organisation that is responsible for the liberalisation of foreign trade. It aims to liberalise international trade across the globe. It establishes its rules for the countries involved in international trade and sees that everyone obeys them. The WTO is a powerful international organisation of trade. It is also responsible for any disputes between countries and supports the concept of peace for every single country that is part of the WTO. The WTO aims to facilitate the free flow of trade across different countries, but in practice, it is seen that several developed countries have unfairly retained trade barriers.
Thus the correct statement would be WTO is one such organisation whose aim is to liberalise international trade.

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