World Trade Organization (WTO) established to replace GATT
- 1. When was the World Trade Organization (WTO) established?
A) 1944
B) 1972
C) 2005
D) 1995
- 2. Which agreement officially established the WTO?
A) Tokyo Agreement
B) New York Agreement
C) Geneva Agreement
D) Marrakesh Agreement
- 3. How many founding members were there when the WTO was established?
A) 78
B) 156
C) 210
D) 123
- 4. How many official languages does the WTO use for its documents and meetings?
A) 9
B) 3
C) 1
D) 6
- 5. Where is the headquarters of the WTO located?
A) New York, USA
B) London, UK
C) Tokyo, Japan
D) Geneva, Switzerland
- 6. During which round of trade negotiations was the WTO officially established?
A) Seattle Round
B) Doha Round
C) Tokyo Round
D) Uruguay Round
- 7. Which organization did the WTO replace?
A) United Nations
B) General Agreement on Tariffs and Trade (GATT)
C) European Union
D) NAFTA
- 8. What is the WTO's primary decision-making body?
A) General Council
B) Dispute Settlement Body
C) Ministerial Conference
D) Trade Negotiations Committee
- 9. What is the duration of the term for the Director-General of the WTO?
A) 6 years
B) 10 years
C) 4 years
D) 8 years
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