The _____ Was Formed to Deal with the Rules of Trade

question 22

Multiple Choice

 The _____ was formed to deal with the rules of trade between nations and is responsible for negotiating and implementing new trade agreements and policing member countries' adherence to them.

• A) General Agreement on Tariffs and Trade
• B) World Trade Organization
• C) Association of South East Asian Nations
• D) European Union

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Definitions:

Strategic Planning

The process by which an organization defines its strategy, or direction, and makes decisions on allocating its resources to pursue this strategy.

Tactical Planning

Short-term, detailed planning that supports strategic decisions, focusing on current operations and immediate actions.

Vision

A clear and inspirational long-term desired change resulting from an organization or individual's work.