The Organization Created to Oversee the Provisions of Multilateral Trade

question 189

Multiple Choice

The organization created to oversee the provisions of multilateral trade agreements, resolve disputes under the international trade rules, and meet periodically to consider further trade liberalization is called the

• A)International Monetary Fund (IMF).
• B)World Trade Organization (WTO).
• C)Common Market Organization (CMO).
• D)International Trade Commission (ITC).

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Definitions:

Empowerment

Empowerment is the process of granting individuals or groups more autonomy and control over their work or life circumstances, encouraging decision-making, and fostering a sense of ownership.

Spontaneous Creativity

Spontaneous creativity refers to the ability to generate innovative ideas or solutions without premeditation, often resulting from a sudden inspiration.

Ingenuity

The quality of being clever, original, and inventive in problem-solving or creating solutions.

Innovation Process

A sequence of activities involved in creating and implementing new ideas, products, or ways of doing things within an organization.