WTO quiz for beginners

What year was the organisation established?

• 1995

• 1996

• 1997

• 2001

How many nations are part of the WTO?

• 121

• 164

• 98

• 198

How many nations signed the original agreement?

• 86

• 101

• 128

• 146

What is meant by 'most favoured nation status'

• All nations should be treated equally

• One country is treated better than the others

• All the countries vote for the most well off country of the year

• One nation has more power than the others in the WTO

WTO helps in the implementation and administration of international trade agreements. What is this function?

• It facilitates co-operation with other international organisations

• It monitors national trade policies

• It administers WTO trade agreements

• It provides a forum for trade negotiations

• It handles trade disputes

When WTO members disagree on trade issues, the WTO makes decisions to resolve the differences on the basis of the legal foundations of the trade agreement. What is this function?

• It facilitates co-operation with other international organisations

• It monitors national trade policies

• It administers WTO trade agreements

• It provides a forum for trade negotiations

• It handles trade disputes

The WTO carries out periodic reviews of its members' national trade policies. Members are required to notify the WTO of any changes in trade policy. What is this function?

• It facilitates co-operation with other international organisations

• It monitors national trade policies

• It provides technical assistance and training for developing countries

• It provides a forum for trade negotiations

• It handles trade disputes

The assistance provided to developing countries concerns trade-related issues arising from WTO trade agreements. What is this function?

• It facilitates co-operation with other international organisations

• It monitors national trade policies

• It provides technical assistance and training for developing countries

• It provides a forum for trade negotiations

• It handles trade disputes

The WTO cooperates with World Bank in order to facilitate coordination of global policies. What is this function?

• It facilitates co-operation with other international organisations

• It monitors national trade policies

• It provides technical assistance and training for developing countries

• It provides a forum for trade negotiations

• It handles trade disputes

Describe the four roles of the WTO

• conductor, barrier, monitor and trainer

• conductor, tribunal, monitor and trainer

• conductor, barrier, tracker and trainer

• conductor, tribunal, tracker and trainer