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:

Life Span

The maximum duration of life that a living organism can reach under ideal conditions.

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The state of having insufficient financial resources or material possessions for a standard of living considered acceptable in a society.

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A life-threatening disease transmitted to humans by the bite of infected Anopheles mosquitoes, characterized by fever, chills, and flu-like symptoms.

DDT

Dichloro-Diphenyl-Trichloroethane, a synthetic pesticide known for its environmental impacts, including wildlife harm and contamination.