General Knowledge MCQ #1745

Consider the following statements relating to the World Trade Organization (WTO):

General Knowledge MCQ #1745

  1. Question 1

    Q1. Consider the following statements relating to the World Trade Organization (WTO):

    • A) The WTO deals with the global rules of trade between nations.
    • B) The goal of the WTO is to help producers of goods and services, exporters, and importers conduct their business.
    • C) The WTO, which is a successor body of the General Agreement on Tariffs and Trade, came into being following the Uruguay Round of Negotiations.
    • D) All of these

    Answer: All of these

    Explanation: All three statements about the WTO are accurate: it governs global trade rules, supports producers and traders, and was established in 1995 as a successor to GATT following the Uruguay Round.