Which of the Following Statements About the World Trade Organization

question 186

Multiple Choice

Which of the following statements about the World Trade Organization (WTO) is most accurate?

• A)The WTO acts as an agent in trade negotiations between its members and the remainder of the world.
• B)The 179 member countries of the WTO account for less than 25 percent of world trade.
• C)The WTO was formed by the major industrialized nations in 1995 to address trade issues.
• D)The WTO uses panels of trade experts who can issue nonbinding recommendations.
• E)The WTO was formed by the United Nations.

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Definitions:

Hits

A term that often refers to the popularity or success of something, such as a website visit, song downloads, or the number of times a piece of information is accessed.

Signal-Detection Experiment

A method to measure the ability to differentiate between information-bearing patterns and random patterns that distract from the information.

Miss

In a psychological context, it can refer to a failure to perceive, understand, or achieve a particular target or outcome.

Stimulus

Any external or internal event or factor that elicits a response from our sensory system or psychological processes.