Which trade organization is responsible for 90% of the world’s trade?

World Trade Organization

Explanation:

World trade organization is responsible for 90% of the world trade. The rules and regulations it devises are governing majority of the entire world trade. With 164 members, almost all countries are subject to WTO guidelines and rules. One of the main features of this organization is that it aims to reduce barriers and tariffs to trade thus facilitating free exchange of goods and services in the global village.

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rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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