Which among the following are important bodies of WTO? Dispute Settlement Body. NAFTA Trade Policy…
The principal councils and bodies of the World Trade Organization (WTO) include the Dispute Settlement Body (i), Trade Policy Review Body (iii), Council for Trade in Goods…
Choose your answer
Which among the following are important bodies of WTO?
- Dispute Settlement Body.
- NAFTA
- Trade Policy Review Body
- ASEAN
- Council for Trade in Goods
- IBRD
- Council for Trade related aspects of Intellectual Property Rights.
- GATT
An appropriate combination is
Answer and explanation
Correct answer C
The principal councils and bodies of the World Trade Organization (WTO) include the Dispute Settlement Body (i), Trade Policy Review Body (iii), Council for Trade in Goods (v), and Council for Trade-Related Aspects of Intellectual Property Rights (vii). NAFTA and ASEAN are regional trade blocs, IBRD is part of the World Bank, and GATT was the predecessor agreement; hence 'i, iii, v, vii' is correct.
Practice for these exams
-
UGC NET Commerce