Which of the following is correct about the World Trade Organization (WTO) ?
A) The WTO was created in the 1940s.
B) The WTO adopted a judicial-based dispute resolution system to replace the politically oriented system in place previously.
C) Only a few nations have a representative on the WTO dispute settlement body.
D) Parties to a dispute have a veto power over any decision reached by the WTO.
E) China has not been admitted to the WTO.
Correct Answer:
Verified
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