What organization did the WTO replace in 1994?
The GATT (The General Agreement on Tariffs and Trade)
What is a key function of the WTO?
What is the name of the highest decision-making body in the WTO?
The Ministerial Conference
What are two growing issues currently being considered by the WTO?
E-Commerce & Climate Change
Where is the WTO headquartered?
Geneva, Switzerland
What is another key function of the WTO?
Formulating rules for the conduct of international trade
What institutional body handles day-to-day operations of the WTO?
The General Council
Why is the WTO important for small/developing countries?
Ensures more even playing field
What is the best WTO member state?
All of them.
Anti-discrimination is one of the founding principles of the WTO, and the organization treats all member-states equally.
What is yet another key function of the WTO? *Double points if you can get the remaining two*
Promoting transparency in national laws and regulations
&
Settling commercial disputes.
How many states are currently members of the WTO?
166
Who were the last two members to join the WTO? *Half points for one*
Timor-Leste
Comoros