Which of the Following Statements About the World Trade Organization

question 343

Multiple Choice

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

• A)The World Trade organization was formed in 2008 in response to the global recession.
• B)The 183 member countries of the WTO account for approximately 55 percent of world trade.
• C)The WTO acts as an agent in trade negotiations between its members and the remainder of the world.
• D)The WTO uses panels of trade experts who can issue binding decisions.
• E)The WTO was formed by the United Nations.

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Definitions:

Reminder

A prompt or cue that serves to bring a fact, event, or obligation back to one's consciousness.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to be related to understanding actions, empathy, and learning through imitation.

Emotions

Complex psychological states involving thoughts, feelings, physiological changes, and behaviors in response to stimuli.

Extinction

In behavioral psychology, the process by which a previously learned behavior is reduced and eventually disappears when reinforcement is no longer provided.