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Which organization works to resolve trade disputes between member countries?
Practice Questions
Q1
Which organization works to resolve trade disputes between member countries?
International Monetary Fund
World Bank
World Trade Organization
United Nations
Questions & Step-by-Step Solutions
Which organization works to resolve trade disputes between member countries?
Steps
Concepts
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.
No concepts available.
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