Which of the following body is not related to the WTO?Select one:a.Dispute Settlement Bodyb.Trade Policy Review Bodyc.Council of trade in goodsd.Exchange Rate Management Body
Question
Which of the following body is not related to the WTO?Select one:a.Dispute Settlement Bodyb.Trade Policy Review Bodyc.Council of trade in goodsd.Exchange Rate Management Body
Solution
The body that is not related to the World Trade Organization (WTO) is:
d. Exchange Rate Management Body
The WTO is an international organization that deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. The Dispute Settlement Body, Trade Policy Review Body, and Council of Trade in Goods are all bodies within the WTO. The Exchange Rate Management Body, however, is not a part of the WTO.
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