GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much percentage of the world trade is represented by it’s members?
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65%
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72%
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43%
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98%
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Explanation:
Detailed explanation-1: -The WTO is the world’s largest international economic organization, with 164 member states representing over 98% of global trade and global GDP.
Detailed explanation-2: -The World Trade Organization (WTO) is the body that keeps global trade running smoothly. It oversees the rules and mediates disputes among its member nations. It now has 164 member nations and 25 observer nations (out of a total 195 nations in the world).
Detailed explanation-3: -164 members since 29 July 2016, with dates of WTO membership.
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