Q53
The system operated by the WTO is known as the
A.
multilateral trading system
AnswerB.
bilateral trading system
C.
ratified system
D.
ungratified system
Answer: Option A
Solution
Answer: Option A
Solution:
The system operated by the WTO is known as the multilateral trading system. MTS (Multilateral Trading System) The system which allows large numbers of countries to agree to trade with each other. The World Trade Organisation (WTO) is part of this system.