GK
INTERNATIONAL ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which organization has 160 members, was founded in 1995, and makes trade easier around the world?
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NATO
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NAFTA
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WHO
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WTO
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Explanation:
Detailed explanation-1: -Membership. The WTO has over 160 members representing 98 per cent of world trade.
Detailed explanation-2: -Since the WTO was established on 1 January 1995, seven countries have become WTO Members. These are: Ecuador, Estonia, Latvia, Kyrgyz Republic, Mongolia and Panama.
Detailed explanation-3: -The WTO, located in Geneva, Switzerland, is an international organization responsible for managing and enforcing the rules of international trade. Stemming from an agreement during the Uruguay Round of trade negotiations (1986-1994), the WTO was officially established on January 1, 1995.
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