Which of the Following Statements About the World Trade Organization

question 76

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 168 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.