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 is a permanent institution that sets rules governing trade between its members.
B) The WTO sets rules governing trade between its members and the remainder of the world.
C) The 153 member countries of the WTO account for approximately 55 percent of world trade.
D) The WTO uses panels of trade experts who can issue non-binding recommendations.
E) The WTO was formed by the United Nations.