The organization established to remove barriers to the free flow of goods, services, and capital between nations is the GATT/WTO.

Here's a step-by-step explanation:

1. GATT, or the General Agreement on Tariffs and Trade, was established in 1947 to reduce tariffs and other trade barriers. It was replaced by the WTO, or World Trade Organization, in 1995.

2. The WTO's main aim is to promote free trade by lowering tariffs and other barriers. It does this by negotiating and implementing global trade agreements.

3. The UN, or United Nations, is an international organization established to promote peace, security, and cooperation among nations, but it does not specifically focus on trade.

4. The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects, not specifically for promoting free trade.

5. The IMF, or International Monetary Fund, is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. While it does work to facilitate international trade, its primary focus is not on removing barriers to the free flow of goods, services, and capital.

So, the correct answer is a. GATT/WTO.

Question

The organization established to remove barriers to the free flow of goods, services, and capital between nations is the GATT/WTO.

Here's a step-by-step explanation:

1. GATT, or the General Agreement on Tariffs and Trade, was established in 1947 to reduce tariffs and other trade barriers. It was replaced by the WTO, or World Trade Organization, in 1995.

2. The WTO's main aim is to promote free trade by lowering tariffs and other barriers. It does this by negotiating and implementing global trade agreements.

3. The UN, or United Nations, is an international organization established to promote peace, security, and cooperation among nations, but it does not specifically focus on trade.

4. The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects, not specifically for promoting free trade.

5. The IMF, or International Monetary Fund, is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. While it does work to facilitate international trade, its primary focus is not on removing barriers to the free flow of goods, services, and capital.

So, the correct answer is a. GATT/WTO.

Knowee AI · Accepted Answer

The organization established to remove barriers to the free flow of goods, services, and capital between nations is the GATT/WTO.

Here's a step-by-step explanation:

1. GATT, or the General Agreement on Tariffs and Trade, was established in 1947 to reduce tariffs and other trade barriers. It was replaced by the WTO, or World Trade Organization, in 1995.

2. The WTO's main aim is to promote free trade by lowering tariffs and other barriers. It does this by negotiating and implementing global trade agreements.

3. The UN, or United Nations, is an international organization established to promote peace, security, and cooperation among nations, but it does not specifically focus on trade.

4. The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects, not specifically for promoting free trade.

5. The IMF, or International Monetary Fund, is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. While it does work to facilitate international trade, its primary focus is not on removing barriers to the free flow of goods, services, and capital.

So, the correct answer is a. GATT/WTO.

Which of the following organisations was established to remove barriers to the free flow of goods, services and capital between nations?Question 6Select one:a.GATT/WTOb.UNc.World Bankd.IMF

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