Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: International Organisations

Question:

The world trade organisation sets the rules for....

Options:

Global Economy

Global Trade

Global Future

Global Issues

Correct Answer:

Global Trade

Explanation:

The correct answer is Option 2 - Global Trade

The World Trade Organisation (WTO) is an international organisation which sets the rules for global trade. This organisation was set up in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) created after the Second World War.