Which of the Following Statements About the World Trade Organization

Multiple Choice

Which of the following statements about the World Trade Organization (WTO) is most accurate?

A) The World Trade Organization was formed in 2008 to response to the global recession.
B) There are 160 WTO member countries, including the United States, which account for more than 90 percent of world trade.
C) The WTO sets rules governing trade between member and nonmember countries of the world.
D) The WTO uses panels of trade experts who can issue nonbinding recommendations.
E) The WTO was formed by the United Nations.