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