Which of the Following Is True of the World Trade

question 74

Multiple Choice

Which of the following is true of the World Trade Organization (WTO) ?

• A) Its dispute settlement process is governed by an agreement known as the General Agreement on Tariffs and Trade.
• B) It is the trade-dispute settlement body of the United Nations.
• C) Its functions are governed by the Rome Statute.
• D) It is responsible for implementing and enforcing the rules of international trade between nations.

---

Definitions:

Government

An organization that provides goods and services to households and firms, and that redistributes income and wealth.

Assisted-Living

A residential option for seniors who need help with daily activities but do not require the full-time healthcare services provided in a nursing home.

Hospital Cafeteria

A dining area within a hospital that provides meals and snacks to patients, visitors, and staff, often catering to a variety of dietary needs.

Pampered Chef

A multi-level marketing company that sells kitchen tools, food products, and cookbooks for home cooking and entertaining.