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