World Trade Organization

True or False

100

The WTO headquarters are located in Washington D.C.

False - Geneva, Switzerland

200

The WTO resolves trade disputes.

True - The third objective of the WTO.

300

The WTO arose from the General Agreement on Tariffs and Trade (GATT).

True

Members

100

How many members does the WTO have?

166 members.

200

Name two of the most influential members of the WTO.

United States, EU, China, Japan

300

Name 2 countries who are not yet members of the WTO.

Iran

Algeria

Sudan

Multiple Choice

100

Which is NOT an objective of the WTO?

A) Set rules of international trade

B) Resolve trade disputes

C) Cooperate with other major trade organizations

D) Set individual countries' tariff rates

D) Set individual countries' tariff rates

200

The WTO began their operations in:

A) 1995

B) 1987

C) 1975

D) 1980

A) 1995

300

Which the two countries were the last to join the WTO?

A) Timor-Leste (Southeast Asia) and Sudan (Northeast Africa)

B) Iran (Middle East) and Sudan (Northeast Africa)

C) Comoros (Africa) and Timor-Leste (Southeast Asia)

D) Iran (Middle East) and Comoros (Africa)

C) Comoros (Africa) and Timor-Leste (Southeast Asia)