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Why did WTO establish? What are its objectives?

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WTO was established with an intention of expanding the scope of the organisation by including services, investment and intellectual property rights. 

Main objectives of WTO: 

1. Improving living standards of people, ensuring full employment of resources, increase in world trade and production, optimizing use of economic resources. 

2. Ensuring equitable division of the benefits of international trade 

3. Optimizing the resources of world resources so as to attain sustainable development.

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