Correct option is D
The statement that is NOT correct about the World Trade Organization (WTO) is: (D). It has 154 members today.
As of 2022, the WTO had 164 members, not 154. This number reflects the countries and customs territories that are part of the organization. The membership has grown over time, with the most recent member joining in 2016 (Afghanistan).
Key Points:-
- Established in 1995: The WTO replaced the General Agreement on Tariffs and Trade (GATT), which had been in place since 1947.
- Objective: It aims to promote free trade by regulating and facilitating trade agreements between member countries.
English
100 Questions
200 Marks
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