Which Statement Is NOT True About the World Trade Organization

question 233

Multiple Choice

Which statement is NOT true about the World Trade Organization (WTO) ?

• A)The WTO provides the framework for complex negotiations involved in major international trade agreements.
• B)The WTO resolves disputes between member countries.
• C)The WTO is an international organization.
• D)The WTO is a direct enforcer of trade agreements.

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Definitions:

Low Risk Assets

Financial assets that are deemed to carry a low chance of losing value, typically offering lower potential returns.

High Risk Assets

Investments that offer the potential for higher returns but come with a greater possibility of loss.

Return

The process of bringing back a purchased product to the seller or store, often for a refund or exchange.

Monopoly Firm

A company that is the sole provider of a product or service in a market, resulting in a lack of competition.