Which of the Following Statements About the World Trade Organization

question 17

Multiple Choice

Which of the following statements about the World Trade Organization is INCORRECT?

• A) The World Trade Organization was founded in 1995.
• B) The World Trade Organization is a forum for enforcing international rules promoting free trade.
• C) The United States dropped out of the World Trade Organization in 2004 over a disagreement about steel tariffs.
• D) The World Trade Organization has had multiple controversies over agricultural subsidies.
• E) The World Trade Organization grew out of the General Agreement on Tariffs and Trade.

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Definitions:

Return On Assets

A financial metric that measures the profitability of a company relative to its total assets, indicating how efficiently a company uses its assets to generate earnings.

Price-Earnings Ratio

A valuation metric for stocks, calculating the ratio of a company's current share price to its per-share earnings.

Market Price

The current value at which a good, service, or asset is traded on the market, determined by supply and demand dynamics.

Earnings Per Share

An economic indicator that measures how much of a firm's earnings are distributed across all shares of common stock, demonstrating the firm's financial success.