The World Bank formed the World Trade Organization when it became clear that to alleviate poverty in developing nations,agricultural trade barriers were going to have to be reduced.

Question

Quizplus · Accepted Answer

The World Trade Organization was formed as a result of the Uruguay Round of trade negotiations among various countries, not by the World Bank. The goal of the WTO is to facilitate international trade and reduce trade barriers, but it was not specifically formed to alleviate poverty in developing nations.

The World Bank Formed the World Trade Organization When It