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Which organization works to resolve trade disputes between member countries?

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Question: Which organization works to resolve trade disputes between member countries?

Options:

  1. International Monetary Fund
  2. World Bank
  3. World Trade Organization
  4. United Nations

Correct Answer: World Trade Organization

Solution: 

The World Trade Organization works to resolve trade disputes between member countries.

Which organization works to resolve trade disputes between member countries?

Practice Questions

Q1
Which organization works to resolve trade disputes between member countries?
  1. International Monetary Fund
  2. World Bank
  3. World Trade Organization
  4. United Nations

Questions & Step-by-Step Solutions

Which organization works to resolve trade disputes between member countries?
  • Step 1: Understand that countries trade goods and services with each other.
  • Step 2: Sometimes, countries have disagreements about trade rules or practices.
  • Step 3: There needs to be an organization to help solve these disagreements.
  • Step 4: The organization that helps resolve trade disputes is called the World Trade Organization (WTO).
  • Step 5: The WTO works with member countries to find fair solutions to their trade disputes.
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