Which of the Following Statements About the World Trade Organization

question 126

Multiple Choice

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

• A) The World Trade organization is a temporary institution.
• B) The 153 member countries of the WTO account for less than 25 percent of world trade.
• C) The WTO sets rules governing trade between its members and the rest of the world.
• D) The WTO uses panels of trade experts who can issue non-binding recommendations.
• E) The WTO was formed by the major industrialized nations of the world.

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Definitions:

Accretion

The process of growth or increase, typically by the gradual accumulation of additional layers or matter.

Private Archival Material

refers to documents and records that are held in private collections or archives, which are not publicly accessible or are controlled by non-governmental entities.

Underutilized

Not used to its fullest potential or capability, often referring to resources, assets, or talents.

Dual Audience

A communication strategy that targets two distinct groups simultaneously, considering their different interests or needs.