What does WTO stand for?
A. World Trade Organization
B. World Transport Organization
C. World Tourism Organization
D. World Technology Organization
Intermediate Screening Test Held on 17-06-2023
Where is the headquarters of the WTO located?
A. Geneva, Switzerland
B. Paris, France
C. New York, USA
D. London, UK
Which of the following is a primary function of the WTO?
A. To promote military alliances among member countries
B. To regulate global environmental policies
C. To regulate international trade and ensure trade agreements are followed
D. To promote global social welfare
Which of the following is one of the main agreements under the WTO?
A. The Paris Agreement on Climate Change
B. The General Agreement on Tariffs and Trade (GATT)
C. The United Nations Charter
D. The Kyoto Protocol
How many countries were original members of the WTO when it was established in 1995?
A. 50
B. 76
C. 128
D. 123
What is the main goal of the WTO?
A. To reduce global military conflicts
B. To eliminate trade barriers and ensure trade flows smoothly across nations
C. To regulate international migration
D. To establish a universal language for trade
Which of the following is NOT a core principle of the WTO?
A. Non-discrimination
B. Trade liberalization
C. Market protectionism
D. Transparency
The WTO’s dispute settlement mechanism (DSM) is designed to:
A. Mediate political conflicts
B. Resolve conflicts regarding trade disputes between member countries
C. Regulate domestic tax policies
D. Monitor environmental agreements
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