What is one of the claims made by the WTO regarding its functions?

The claim made by the World Trade Organization (WTO) regarding its functions is that it encourages economic growth. The WTO facilitates international trade by creating a framework that promotes free trade among nations. By reducing tariffs and other trade barriers, the organization aims to increase the volume of trade, which can lead to greater economic activity and growth. This expanded trade can enable countries to specialize in their comparative advantages, enhance efficiency, and stimulate innovation.

In contrast, discouraging trade disputes is not explicitly a claim of the WTO; rather, the organization provides mechanisms for resolving trade disagreements, which is an important aspect of its role, but it does not inherently discourage disputes. Raising living costs is generally counter to the objectives of the WTO, as its mission is to promote accessible trade that can help reduce costs for consumers. Limiting governance practices is also not a claim made by the WTO; it generally emphasizes the importance of rules that allow fair trading practices while encouraging compliance with international regulations.