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What is a major similarity between the World Trade Organization (WTO) and the World Bank?

A. Both promote localized rather than global economies.
B. Both require members to remove barriers to trade.
C. Both focus entirely on aiding underdeveloped countries.
D. Both are considered microfinance institutions.



Answer :

GinnyAnswer

Final answer:

The major similarity between the WTO and the World Bank is that both require members to remove barriers to trade.


Explanation:

The major similarity between the World Trade Organization (WTO) and the World Bank is that both require members to remove barriers to trade. The WTO aims to reduce trade barriers globally through negotiations and agreements among member countries, while the World Bank focuses on funding projects in recipient countries to promote economic development and reduce poverty.


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