Which of the Following Statements Is NOT True About the WTO

question 117

Multiple Choice

Which of the following statements is NOT true about the WTO?

• A)It replaced GATT.
• B)It promotes trade between nations.
• C)It reduces trade barriers through negotiations.
• D)It actively supports human rights and the environment.
• E)It resolves trade disputes between its members.

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Definitions:

Double-Entry Bookkeeping System

Double-Entry Bookkeeping System is an accounting method where every entry to an account requires a corresponding and opposite entry to a different account, ensuring the books are always balanced.

Single-Entry System

An accounting method where each financial transaction is recorded with a single entry, making it less complex than double-entry systems.

Legible Printed Data

pertains to written or printed information that is clear enough to be easily read and understood.

Poorly Written Numbers

Numerical figures that are difficult to read or interpret due to lack of clarity, incorrect formatting, or errors in writing.