WTO is a ________Select one:a.Permanent Institutionb.Multilateral Agreementc.Multilateral Agreementd.Provisional Institution

Multiple Choice QuestionWhat institution is now in charge of overseeing multilateral trade agreements and ruling on disputes relating to them?Multiple choice question.The World Trade Organization (WTO)The General Agreement on Tariffs and Trade (GATT)The United Nations (UN)The North Atlantic Treaty Organization (NATO)

The components of WTO areSelect one:a.Ministerial conferenceb.Disputes settlement bodyc.Director Generald.All of the above

What is the underlying characteristic of the WTO?Group of answer choicesIt resolves disputes between economic trade blocksIt acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international tradeIt facilitates economic co-operation between different countriesIt facilitates the development of less developed countriesNext

International Trade Centre is the Joint Agency of -----Select one:a.WTOb.IMFc.GATTd.UNCTAD

Which of the following is true of the World Trade Organization (WTO)?Group of answer choicesIts functions are governed by the Rome Statute.Its dispute settlement process is governed by an agreement known as the General Agreement on Tariffs and Trade.It is responsible for implementing and enforcing the rules of international trade between nations.It is the trade-dispute settlement body of the United Nations.