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 WTO acts as an agent in trade negotiations between its members and the remainder of the world.
B) The 179 member countries of the WTO account for less than 25 percent of world trade.
C) The WTO was formed by the major industrialized nations in 1995 to address trade issues.
D) The WTO uses panels of trade experts who can issue nonbinding recommendations.
E) The WTO was formed by the United Nations.