The _____ has 135 member-countries that account for 90 percent of world trade. It provides a forum for airing disputes between countries, but does not guarantee solutions to the disagreements will be found.

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) is the correct answer because it is a global international organization dealing with the rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible. The WTO has 164 member countries (as of my last update in 2023) and covers more than 90% of world trade, providing a forum for negotiating trade agreements, handling trade disputes, and monitoring national trade policies. The other options, such as the European Union, APEC, NAFTA, and ASEAN, are regional trade agreements or organizations and do not encompass as broad a membership as the WTO in terms of global trade.

The _____ Has 135 Member-Countries That Account for 90 Percent