New IFSCA Phase 1 Results Out - Enroll Here for Phase 2

    Register

    Question

    Where is the Headquarter of World Trade Organization?

    A Washington, D.C., United States Correct Answer Incorrect Answer
    B Uruguay, South America Correct Answer Incorrect Answer
    C Geneva, Switzerland Correct Answer Incorrect Answer
    D New York, United States Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It is the largest international economic organisation in the world. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which are signed by representatives of member governments and ratified by their parliaments. The Headquarter of WTO is in Geneva, Switzerland.

    Practice Next