The World Trade Organization Was Created by the

question 153

Multiple Choice

The World Trade Organization was created by the

• A) Kennedy Round.
• B) United Nations.
• C) League of Nations.
• D) Tokyo Round.
• E) Uruguay Round.

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Definitions:

Bonus

An additional payment or reward given to employees as an incentive or reward for performance.

Partnership

A form of business organization where two or more individuals agree to share the profits and losses of a business venture.

Noncash Assets

Assets that cannot be easily converted into cash, such as equipment, real estate, and intellectual property.

Capital Balances

The sum of funds invested by owners in a business along with any accumulated profits or losses.