The components of WTO areSelect one:a.Ministerial conferenceb.Disputes settlement bodyc.Director Generald.All of the above
Question
The components of WTO areSelect one:a.Ministerial conferenceb.Disputes settlement bodyc.Director Generald.All of the above
Solution
d. All of the above
The World Trade Organization (WTO) is composed of several components:
a. Ministerial Conference: This is the topmost decision-making body of the WTO. It usually meets every two years and is composed of all WTO members.
b. Dispute Settlement Body: This body is responsible for settling disputes between WTO members. It is composed of all WTO members and usually meets once a month.
c. Director-General: The Director-General is the chief executive officer of the WTO and is responsible for supervising the administrative functions of the organization.
So, all of the options listed (Ministerial conference, Disputes settlement body, Director General) are components of the WTO.
Similar Questions
Day-to-Day work in between the ministerial conferences is handled bySelect one:a.The General Councilb.The Dispute Settlement Bodyc.The Trade Policy Review Bodyd.All of the above
Once the WTO Appellate Body has issued a decision in a dispute, the disputing governments must immediately conform to the decision with no further discussions on settlement.Group of answer choicesTrueFalse
The World Trade Organization provides two procedures for the resolution of disputes between countries. One way is to request the WTO Council to appoint a "panel" to adjudicate the dispute; the other way is Group of answer choicesto refer the dispute to the Free Trade Commission for settlement.a consultation and, if necessary, conciliation procedure—essentially a diplomatic solution.to submit to the International Compensation Board, who will review the matter and publish a report with their recommendations.to turn over the matter to the International Mediation Review Board.Next
The panels of the WTO Dispute Settlement Body are not empowered to make any new rules; they may simply apply the existing rules to a given set of facts.Group of answer choicesTrueFalse
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
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.