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Consider the following statements in context of WTO 1 WTO is...

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Business Environment and International Business
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Consider the following statements in context of WTO.
1. WTO is a permanent body with its over dispute settlement machanism.
2. Scope of WTO has been broadened by inclusion of services, intellectual property rights and investment measures.
3. WTO promote international trade.
4. WTO banned the foreign currency.
5. WTO managed the hybrid system of clean floating, currency block etc.
Which of the statements given above are correct?

Answer & Solution
Correct Answer: Option B
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