Which of the following statements about the World Trade Organization (WTO)is most accurate?
A) The World Trade organization is a temporary group that meets on an as needed basis.
B) The 153 member countries of the WTO account for approximately 55 percent of world trade.
C) The WTO sets rules governing trade between its members and the remainder of the world.
D) The WTO uses panels of trade experts who can issue binding decisions.
E) The WTO was formed by the United Nations.

Question

Quizplus · Accepted Answer

The WTO uses panels of trade experts to resolve disputes between member countries, and these panels can issue binding decisions.

Which of the Following Statements About the World Trade Organization