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Home » Top 22 MCQ On WTO & GATT With Answers (Updated)

Top 22 MCQ On WTO & GATT With Answers (Updated)

Given below are top 22 MCQ on WTO & GATT With Answers. These WTO Multiple Choice Questions (MCQ) are helpful for UGC NET, SET, MPSC, UPSC, and Ph D Entrance & Competitive Exams. These MCQs on World Trade Organization will help MBA, MMS, BBA, B Com, M Com, IB, PGDM, BMS and other management & commerce students.

WTO stands for_________

A. World Tariff Organization

B. World Tax Organization

C. World Trade Organization

D. World Trademark Organization

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C. World Trade Organization

_____is the precursor of WTO.

A. NAFTA

B. GATT

C. SAARC

D. EU

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B. GATT

World Trade Organisation came into force on _______

A. 27th July 2007

B. 1st January 1995

C. 15th September 1993

D. 1st January 1947

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B. 1st January 1995

_______countries were members of WTO as on 1st January 1995.

A. 151

B. 164

C. 104

D. 139

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C. 104

The WTO has ________ members.

A. 104

B. 151

C. 164

D. 139

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C. 164

WTO has _______ observer governments.

A. 25

B. 11

C. 32

D. 09

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A. 25

__________ became the 164th member of World Trade Organization (WTO).

A. Kenya

B. Liberia

C. Pakistan

D. Afghanistan

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D. Afghanistan

________is the headquarter of the WTO.

A. Uruguay

B. Geneva

C. New York

D. Tokyo

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C. World Trade Organization

The second ministerial meeting of WTO was held at________.

A. Uruguay

B. Geneva

C. Tokyo

D. New Delhi

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B. Geneva

GATT was replaced by ______ on 1st January 1995.

A. IMF

B. WTO

C. EU

D. SAARC

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B. WTO

WTO was formed to overcome the ineffectiveness of _____ to promote world trade.

A. IMF

B. GATT

C. NAFTA

D. IBRD

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B. GATT

The World Trade Organization (WTO) was established to implement the final act of __________round agreement of GATT.

A. Torquay

B. Uruguay

C. Geneva

D. Tokyo

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B. Uruguay

WTO is a ________.

A. Permanent Institution

B. Multilateral Agreement

C. Multilateral Instrument

D. Provisional Institution

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A. Permanent Institution

_________is the current Director-General of WTO.

A. Roberto Azevêdo

B. Supachai Panitchpakdi

C. Peter Sutherland

D. Ngozi Okonjo-Iweala

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_________is the highest hierarchical level in the organisational structure of WTO.

A. General Council

B. Ministerial Conference

C. Director General

D. Secretariat at WTO

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B. Ministerial Conference

The ________Gathers and publishes data on the international economy.

A. GATT

B. OECD

C. SAARC

D. WHO

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B. OECD

________raised US tariffs on hundreds of products at the start of the 1930s.

A. Non Tariff Barrier Act

B. The Special Tariff Act

C. The Smoot-Hawley Tariff Act

D. The Hewlett-Packard Tariff Act

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C. The Smoot-Hawley Tariff Act

The Tariff Act of 1930 is also known as________.

A. Non Tariff Barrier Act

B. The Special Tariff Act

C. The Smoot-Hawley Tariff Act

D. The Hewlett-Packard Tariff Act

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C. The Smoot-Hawley Tariff Act

The Uruguay round addresses ________ issues.

A. Migration

B. Tariffs

C. Intellectual Property

D. All of the above

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D. All of the above

TRIP stands for ______.

A. Tourism-Related Intellectual Property

B. Trade-Related International Property

C. Tariff-related Intellectual Property

D. Trade-Related Intellectual Property

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D. Trade-Related Intellectual Property

______ primarily deals with the economic issues like Tariffs and other trade barriers in many countries.

A. ILO

B. WTO

C. World Bank

D. EU

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B. WTO

_____ is a meeting of the “trade ministers” of the member countries of the World Trade Organization ( WTO).

A. Ministerial

B. Conference

C. General Council

D. IP Council

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A. Ministerial

This is all about MCQ on World Trade Organization (WTO) with answers.

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