What organization was established to promote free trade and resolve disputes between trading partners?

The World Trade Organization (WTO) was established specifically to promote free trade and facilitate the resolution of disputes between trading partners. Its primary purpose is to ensure that trade flows as smoothly, predictably, and freely as possible. The organization provides a forum for negotiating trade agreements and serves to enforce the commitments made by member countries.

The WTO's role in dispute resolution involves providing a legal and institutional framework through which countries can address trade disagreements. This process is designed to help member states resolve their issues fairly and efficiently, thereby maintaining stability in international trade relations.

Other choices, such as the European Union, Asian Trade, and Euro Zone, either do not focus primarily on free trade on a global scale or have a more limited regional purpose. For instance, while the European Union promotes economic cooperation and free movement among its member states, it does not have the same global mandate as the WTO. Similarly, Asian Trade and Euro Zone refer to specific regional economic agreements rather than a broad-based organization dedicated solely to global trade and dispute resolution.