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.

---

Definitions:

Securities Fraud

A form of white-collar crime that involves deceptive practices in the stock and commodities markets.

Racketeer Influenced

Pertaining to businesses or operations corrupted by criminal activities, often associated with organized crime.

Corrupt Organizations Act

Often refers to laws designed to combat organized crime by allowing for legal actions against individuals and businesses involved in criminal activities.

Robbery

The act of taking property from another person or their immediate presence through force or threat of force.