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