Asked by frida escarcega on May 10, 2024
Verified
Which of the following describes the relationship between the World Trade Organization and the International Labor Organization?
A) ILO standards and WTO trade regulations are independent from each other
B) ILO standards influence WTO trade regulations
C) WTO trade regulations determine ILO standards
D) ILO standards and WTO trade regulations are both determined by the United Nations
World Trade Organization
An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.
International Labor Organization
A United Nations agency that sets international labor standards and promotes rights at work.
- Gain an understanding of the impact and significance of different global agreements and bodies on international trade and work standards.
- Understand the framework and objectives of the International Labour Organization (ILO) and its impact on labor regulations.
Verified Answer
JR
Julius Ryan PalabricaMay 15, 2024
Final Answer :
A
Explanation :
The ILO and WTO are independent organizations with different mandates. The ILO focuses on promoting social justice and improving working conditions worldwide, while the WTO's mandate is to facilitate international trade. Therefore, their standards and regulations are developed separately and independently of each other.
Learning Objectives
- Gain an understanding of the impact and significance of different global agreements and bodies on international trade and work standards.
- Understand the framework and objectives of the International Labour Organization (ILO) and its impact on labor regulations.
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