The _____ formed in 1995 and administers its own trade agreements,facilitates future trade negotiations,settles trade disputes,and monitors the trade policies of member nations
A)International Monetary Fund
B)United Nations
C)World Trade Organization
D)North American Free Trade Act
E)European Union

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) was formed in 1995 and is responsible for administering trade agreements, facilitating future trade negotiations, settling trade disputes, and monitoring trade policies of its member nations. The International Monetary Fund (IMF) is responsible for promoting international monetary cooperation and providing loans to member countries, while the United Nations (UN) is an international organization that aims to promote peace and cooperation among its member countries. The North American Free Trade Act (NAFTA) is a trade agreement between Canada, Mexico, and the United States, and the European Union (EU) is a political and economic union of 27 member states located primarily in Europe.

The _____ Formed in 1995 and Administers Its Own Trade