Which of the following is NOT an aim of the World Trade Organisation (WTO)?

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The aim of the World Trade Organisation (WTO) is to promote open and fair trade among nations, and it does this through various mechanisms set out in its foundational agreements. One of the core objectives of the WTO is to eliminate discrimination between trading partners, ensuring that trade is conducted on a level playing field. This aligns with the principle of most-favored-nation treatment, which prohibits discrimination between trading partners.

Stimulating economic growth is also a key aim of the WTO, as increased trade often leads to economic development and prosperity for member countries. The organization facilitates this by providing a platform for negotiating trade agreements and resolving trade disputes, which helps to create a stable and predictable trading environment.

Handling disputes constructively is fundamental to the WTO's role, as it provides mechanisms such as the Dispute Settlement Body to help members resolve trade conflicts in a fair and structured manner, maintaining cooperativeness among nations.

In contrast, supporting local industries exclusively is not an aim of the WTO. While supporting local industries can be a part of a nation's economic strategy, the WTO's focus is on fostering international trade and cooperation rather than catering exclusively to domestic producers. This ensures that trade policies do not favor local industries at the expense of international competition or lead to protectionist measures

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