GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statement is not true about the WTO?
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WTO is a permanent organisation
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Uruguay round gave the birth to the WTO
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Ministerial Conference is the highest policy making body of the WTO
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WTO was officially constituted on 1 January 1991.
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Explanation:
Detailed explanation-1: -Which of the following statement is not true about the WTO? (d). WTO was officially constituted on 1 January 1991. Explanation: The members of the GATT signed an agreement during the Uruguay round in April 1994 and on January 1, 1995 the WTO was established.
Detailed explanation-2: -WTO stands for World Trade Organization. It functions to regulate international trade. It does not help to settle border disputes of member countries.
Detailed explanation-3: -To facilitate the expansion and balanced growth of international trade is a function of IMF not WTO.
There is 1 question to complete.