Which of the following has the power to enact legally binding ground rules for international commerce and trade policy?
A)Global Sullivan Principles
B)World Trade Organization
C)Global Sullivan Organization
D)Federal Trade Commission
E)Global Commerce Association

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) has the power to enact legally binding rules for international commerce and trade policy. It is an intergovernmental organization that regulates and facilitates global trade between member countries. The other choices, such as Global Sullivan Principles, Global Sullivan Organization, Federal Trade Commission, and Global Commerce Association, are not international organizations with the power to establish binding rules for global commerce and trade.

Which of the Following Has the Power to Enact Legally