Answer:
The
five characteristics of WTO are
(i) World Trade Organisation (WTO) is a
powerful international organisation.
(ii) It aims at liberalising international trade.
(iii) It establishes rules regarding international trade and
sees that these rules are obeyed.
(iv) Nearly 159 countries of the world are currently members
of the WTO, as on March 2006.
(v) WTO is supposed to allow free trade for all countries.
But in practice, it is seen that the developed countries have unfairly retained
trade barriers.
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