World Trade Organisation

When was the World Trade Organisation (WTO) established?

• 1995

• 1985

• 2000

• 1975

Who is the current Director-general of the WTO?

• Pascal Lamy

• Roberto Azevêdo

• Ngozi Okonjo-Iweala

• Mike Moore

What is the primary purpose of the Dispute Settlement Body within the WTO?

• to resolve trade disputes between member countries

• to set tariffs for international trade

• to manage the WTO's budget

• to draft new trade agreements

Which of these organisations preceded the World Trade Organisation?

• International Monetary Fund (IMF)

• General Agreement on Tariffs and Trade (GATT)

• World Bank

• United Nations

What is the primary goal of the WTO?

• to promote free and fair trade among nations

• to regulate global financial markets

• to provide humanitarian aid

• to enforce international law

How does the WTO make decisions?

• through majority voting

• by executive decision of the Director-General

• by consensus among all member countries

• based on recommendations from the UN

What is the role of the WTO Secretariat?

• to provide administrative and technical support to WTO bodies

• to make binding decisions on trade disputes

• to draft national trade policies

• to set global trade tariffs

How many countries are members of the WTO?

• 164

• 166

• 160

• 155