What are the main functions of the World Trade Organization (WTO)?

The World Trade Organization (WTO) primarily functions as an international body that regulates international trade and oversees the resolution of trade disputes among its member countries. Established in 1995, the WTO aims to ensure that trade flows as smoothly, predictably, and freely as possible.

One of its core functions is to provide a platform for negotiating trade agreements and reducing barriers to trade, such as tariffs and quotas, thereby promoting international commerce. Additionally, the WTO plays a crucial role in adjudicating disputes that arise between member countries regarding trade practices, ensuring that all parties adhere to agreed-upon rules and commitments. This dispute resolution mechanism is vital for maintaining order and stability in international trade, as it provides a structured process for addressing grievances and enforcing trade agreements.

In contrast, the other options refer to functions that are outside the scope of the WTO's mandate. Regulating international military treaties and promoting environmental sustainability policies are managed by different international organizations, while facilitating cultural exchanges is not a primary focus of the WTO. The organization's specific aim is anchored in trade and economic relations, making the option regarding regulating international trade and resolving trade disputes the most accurate representation of its main functions.