Asked by santhi kumarasamy on Sep 28, 2024
Which of the following has the power to enact legally binding ground rules for international commerce and trade policy?
A) Global Sullivan Principles
B) World Trade Organization
C) UN Global Compact
D) Federal Trade Commission
E) Global Commerce Association
World Trade Organization
An international organization that regulates and facilitates international trade between nations.
Legally Binding
Refers to agreements or promises that are enforceable by law.
International Commerce
The exchange of goods, services, and capital across international borders or territories.
- Comprehend the processes involved in international trade and its governance.
Learning Objectives
- Comprehend the processes involved in international trade and its governance.