Which of the following Geneva based international organization sets the rules of trade between nations,implements new trade agreements and settles trade disputes between member countries
A)World Trade Organization (WTO)
B)World Bank (IBDR)
C)International Monetary Fund (IMF)
D)United Nations (UN)

Question

Quizplus · Accepted Answer

The WTO is headquartered in Geneva and is responsible for setting trade rules between countries, implementing new trade agreements, and resolving trade disputes among its members. The World Bank (IBDR) and International Monetary Fund (IMF) are also based in Geneva, but they have different mandates related to economic development and financial stability, respectively. The United Nations (UN) is headquartered in New York City, although it has offices and agencies around the world. While the UN does address trade issues, it is not primarily responsible for setting trade rules or resolving trade disputes.

Which of the Following Geneva Based International Organization Sets the Rules