Identify the wrong statements about the World Trade Organization. Choose the correct answer from the options given below:

1.It was formed to liberalise world trade from high custom tariffs.

2.It is the only organisation at the international level that deals with global rules of trade between nations.

3.India is one of its founder members.

4.It is narrowing the gulf between rich and poor countries.

A1 and 4 only

B1 and 2 only

C3 and 4 only

D2 and 3 only

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