Which of the following is true regarding the WTO?
A) WTO stands for World Transition Organization.
B) The WTO was succeeded by GATT.
C) As of 2015, the WTO has 160 members.
D) The WTO is policed by the United Nations.

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO), like the GATT before it, is primarily responsible for policing the world trading system and making sure its nation-states adhere to the rules laid down in trade treaties. As of 2015, 160 nations were WTO members.

Which of the Following Is True Regarding the WTO