The World Trade Organisation was started at the initiative of one of the following groups of counties.

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An Intiative by Sri Chaitanya

Rich countries

Poor counties

Developed countries

Developing

answer is D.

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Detailed Solution

The World Trade Organisation was started at the initiative of one of the developing countries. The WTO's overarching goal is to support its members in using trade to improve people's lives, raise living standards, and create jobs. The WTO manages the world trade system and aids developing nations in increasing their trade capacity. There are three main parts to the WTO regime's trade liberalisation policy. They consist of: the advancement of market access through the binding and lowering of these tariffs, as well as the tarification (or conversion) of all non-tariff restrictions into tariffs—reduction of domestic subsidies or assistance that distorts trade. The WTO's system eliminates other barriers between people and countries and trading economies by lowering barriers to trade via negotiations among member governments.

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