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Commerce · Q18

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 18

Q18

Which combination of the following is correct with regard to World Trade Organisation (WTO)? 1. WTO initiates peace process among the member countries to enhance international trade. 2. WTO avoids the task of 'Settlement of Disputes' among the member countries. 3. WTO administers the 'Trade Review Mechanism'. 4. WTO cooperates in an appropriate manner with the IMF and the World Bank.

A.
2, 3 and 4
B.
Both 1 and 3
C.
Both 3 and 4
Answer
D.
1, 2 and 3

Answer: Option C

Solution

Answer: Option C
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