Which of the following is true of the World Trade Organization (WTO)?
A) The WTO establishes impartial procedures for resolving trade disputes among its members.
B) The WTO requires members to limit their markets in international trade.
C) The WTO replaced the GATT and dismissed its mission.
D) The WTO focuses too narrowly on human rights and the environment.
E) The WTO promotes trade flows by encouraging nations to adopt preferential and flexible trade policies.

Question

Quizplus · Accepted Answer

A basic goal of WTO is to establish impartial procedures for resolving trade disputes among its members. Members are required to open their markets to international trade and to follow WTO rules.

Which of the Following Is True of the World Trade