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