Which of the Following Institutions Emerged as a Successor to the GATT

question 72

Multiple Choice

Which of the following institutions emerged as a successor to the GATT following the Uruguay Round of GATT negotiations?

• A) International Monetary Fund
• B) World Bank
• C) European Services Forum
• D) World Trade Organization
• E) Association of Southeast Asian Nations

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Definitions:

Population Participation

Often referred to as the labor force participation rate, it measures the proportion of the working-age population that is employed or actively looking for employment.

Labor Force

The total number of people who are available to work, including those who are employed and those who are unemployed but seeking work.

Employed Category

Individuals who are working for pay or profit, actively engaged in a business or have a job from which they are temporarily absent.

Unemployed Category

A classification for individuals who are without a job but are available to work and have actively searched for employment within a specific period.