What is a major difference between the World Trade Organization (WTO) and the World Bank?

1 Answer

Answer :

Answer this question… The World Bank works to help developing countries, while the WTO promotes global trade more generally.

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Description : What is a major similarity between the world Trade Organization (WTO) and the World Bank?

Last Answer : Both require members to remove barriers to trade ( apex )

Description : The Doing Business Report" is prepared by which of the following organizations every year? (A) World Bank (B) Asian Development Bank (ADB) (C) International Monetary Fund (IMF) (D) World Trade Organization (WTO)

Last Answer : Answer: World Bank

Description : “The Doing Business Report” is prepared by which of the following organizations every year? A. Asian Development Bank(ADB) B. World Bank(WB) C. New Development Bank(NDB) D. World Trade Organization(WTO)

Last Answer : B. World Bank(WB) Explanation: The Doing Business Report (DB) is a study elaborated by the World Bank Group since 2003 every year that is aimed to measure the costs to firms of ... sector development, and is claimed to have motivated the design of several regulatory reforms in developing countries.

Description : What happened to the WTO (world trade organization) protests 15 years ago?

Last Answer : answer:Here’s a good article on the subject - http://www.newrepublic.com/article/115360/wto-protests-why-have-they-gotten-smaller

Description : How many countries are currently the members of the World Trade Organization (WTO) ? -SST 10th

Last Answer : It has 164 member countries as on 29 July, 2016.

Description : OSI model is a product of the Open Systems Interconnection effort at the ____: a) IBM b) ISO (International Organization for Standardization) c) WTO (World Trade Organziation) d) None of These

Last Answer : b) ISO (International Organization for Standardization)

Description : With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they? A. The GATT and the Agreement on Subsidies and Countervailing Measures B. ... D. The International Monetary Fund's Articles of Agreement and the European Central Bank's Statute.

Last Answer : A. The GATT and the Agreement on Subsidies and Countervailing Measures

Description : What is the aim of World Trade Organisation (WTO)? -SST 10th

Last Answer : Its aim is to liberalise international trade.

Description : Which is the headquarters of World Trade Organisation (WTO)? -Do You Know?

Last Answer : answer:

Description : Which is the headquarters of World Trade Organisation (WTO)?

Last Answer : Geneva

Description : Director-General of World Trade Organisation(WTO) is?

Last Answer : Roberto Azevedo of Brazil.

Description : What are the two main functions of the WTO? A. The promotion of free trade and economic liberalism B. The administration of the WTO agreements and the resolution of international trade ... of the WTO's institutional framework and the promotion of economic co-operation amongst its members

Last Answer : D. The administration of the WTO’s institutional framework and the promotion of economic co-operation amongst its members

Description : Does the WTO apply its framework in exactly the same fashion throughout the world? A. Yes, the WTO applies its framework in exactly the same way throughout the world B. Yes, the WTO ... variation D. No, the WTO makes allowance for variation in the case of economically stronger countries

Last Answer : C. No, the WTO makes allowance for regional variation

Description : Human Development Report for ‘each’ of the year at global level has been published by: (A) UNDP (B) WTO (C) IMF (D) World Bank

Last Answer : Answer: A  Explanation: The United Nations Development Programme (UNDP) headquartered i n N e w York is the United Nations' global development network. UNDP advocates for change and ... Report Office publishes an annual Huma nD evelopment Report to measure and analyse developmental progress. 

Description : What is the role of WTO in international trade? -SST 10th

Last Answer : . WTO's aim is to liberalise international trade. . It establishes rules regarding international trade and sees that these rules are obeyed. . 161 countries of the world are its members ... trade barriers. On the other hand, WTO rules have forced developing countries to remove trade barriers.

Description : Explain how the developing countries which are members of the WTO suffer due to trade barriers. -SST 10th

Last Answer : The developing countries suffer due to trade barriers. WTO is supposed to allow free trade for all in practice. But the developed countries have unfairly retained trade barriers. (i) ... asking governments of developing countries to stop supporting their farmers, but they are doing it themselves

Description : As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn't consider A. Direct payments to farmers are permitted. B. Indirect assistance and support to farmers including R & D support by govt. are ... and trade have to be cut back. D. Least developed countries do not need to make any cuts.

Last Answer : Indirect assistance and support to farmers including R & D support by govt. are not permitted.

Description : Which of the following exceptions in the WTO rules does not permit a country to use a tariff or quota that is more restrictive than its bound tariff? A. Anti-dumping B. Countervailing duties C. Safeguards D. Balance of payments protection E. Preferential trade agreements

Last Answer : E. Preferential trade agreements

Description : Practically, what is the most significant organ of the WTO? A. The Committee on Trade and Development B. The Council for Trade in Goods C. The General Council D. The Ministerial Conference

Last Answer : C. The General Council

Description : Theoretically, what is the most significant organ of the WTO? A. The Committee on Trade and Development B. The Council for Trade in Goods C. The General Council D. The Ministerial Conference

Last Answer : D. The Ministerial Conference

Description : What are the three key components' of the WTO? A. A Senate, a Judiciary and a Directorate B. A Trade Commission, a Dispute Settlement Body and a Council of Ministers C. An Executive ... and an Enforcement apparatus D. A Board of Governors, the Assembly of Member States and a Steering Committee

Last Answer : C. An Executive apparatus, a Legislative apparatus and an Enforcement apparatus

Description : Does the WTO come with its own institutional framework? A. No, the WTO depends on the relevant frameworks of national governments B. No, the WTO provides certain institutional arrangements ... Yes, the WTO provides a common institutional framework for the implementation of free trade agreements

Last Answer : D. Yes, the WTO provides a common institutional framework for the implementation of free trade agreements

Description : What is the underlying characteristic of the WTO? A. It facilitates economic co-operation between different countries B. It resolves disputes between economic trade blocks C. It facilitates ... the Uruguay round, the organisation's ultimate goal being the promotion of free international trade

Last Answer : D. It acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international trade

Description : Letter of Credit is issued by a. IMF b. WTO c. Importer’s Bank d. Exporters Bank

Last Answer : c. Importer’s Bank

Description : Give the meaning of WTO ? What is the major aim of WTO ? Mention any two shortcomings of WTO ? -SST 10th

Last Answer : WTO stands for World Trade Organisation. The major of the aim of WTO is that all barriers to foreign trade and investment should be removed as they are harmful to the ... exploitative manner, have forced the developing nations to remove trade barriers and initiate policies of liberalization.

Description : What is WTO? Mention its major objectives -SST 10th

Last Answer : WTO stands for World Trade Organisation. WTO major Objectives are:- - The WTO is a forum which discusses the differences on trade between members. - Is Transparency and predictability.- Establish ... country with a product, getting better advantages. - Help to balance the trade between countries.

Description : “World Investment Report” is annually published by ______ A. IBRD B. WTO C. IMF D. UNCTAD

Last Answer : D. UNCTAD Explanation: The World Investment Report has been published annually since 1991.Each year´s Report covers the latest trends in foreign direct investment around the World and analyses in depth one selected topic related to foreign direct investment and development.

Description : “World Trade Organization rules have forced the developing countries to remove trade barriers.” -SST 10th

Last Answer : ' Values hampered due to this are : (i) Equal benefits and opportunities for all the people. (ii) Equality. (iii) Fair trade rules and practices.

Description : Where is the headquarters of the World Trade Organization? -General Knowledge

Last Answer : answer:

Description : When was the World Trade Organization established? -General Knowledge

Last Answer : The WTO began life on 1 January 1995, but its trading system is half a century older. Since 1948, the General Agreement on Tariffs and Trade (GATT) had provided the rules for the system. (The ... meeting, held in Geneva in May 1998, included a celebration of the 50th anniversary of the system.)

Description : Where is the headquarters of the World Trade Organization? -General Knowledge

Last Answer : Geneva, Switzerland, where the WTO headquarters is located, is a unique place, with many United Nations and other international organizations, as well as missions to the WTO. The Centre William Rappard ... the building that has been home to the WTO Secretariat since the WTO was established in 1995.

Description : What is the World Trade Organization ?

Last Answer : The World Trade Organization is the body that manages and regulates trade and commerce at the international level. The previous name was GATT which was established in 1947. The latest member is Yemen ... the WTO . The current membership is 160. The headquarters are located in Geneva, Switzerland.

Description : What is the role of the World Trade Organization?

Last Answer : The World Trade Organization (WTO) is an organization that ensures that the global trade rules are adhered to nation states. The organization supports the liberalization of trade. WTO also ensures that ... makes sure that states are given the same concessions as other states have granted to them.

Description : What is The primary objective of the World Trade Organization?

Last Answer : Feel Free to Answer

Description : The world trade organization was formed in the year with GATT as it basis. A. 1993 B. 1994 C. 1995 D. 1996

Last Answer : 1995

Description : The head quarter of world trade organization is located in

Last Answer : Geneva, Switzerland

Description : Which of the following is not the function of World Trade Organization? (a) To settle border disputes of member countries. ; (b) To handle trade disputes. (c) To provide technical ... and training to developing countries. (d) To provide forum for trade negotiation between the member countries.

Last Answer : (a) To settle border disputes of member countries. ; (b) To handle trade disputes. 

Description : Dear anarchists: What are some criticisms/problems with the WTO today?

Last Answer : There are no anarchist Fluther users.

Description : Write a short note on WTO. -SST 10th

Last Answer : World Trade Organisation (WTO) is an international body which aims at liberalising international trade. It was started at the initiative of the developed countries. i. WTO ... Technical assistance and training for developing countries. Cooperation with other international organizations.

Description : What is WTO ? -SST 10th

Last Answer : World Trade Organisation (WTO) : It is an international organisation which was established on 1st January, 1995 by the members of the UN to promote trade among countries. The ... countries unfairly impose trade barriers whereas WTO forces the developing countries to follow completely free trade.

Description : How has WTO affected Indian economy ? -SST 10th

Last Answer : Effect of Functioning of WTO on Indian Economy : The developing countries like India feel cheated as they are forced to open up their markets for the developed countries but are not ... etc. Developing and poor countries are seldom consulted until the rich nations complete their negotiations.

Description : What is WTO? Why it has been formed -SST 10th

Last Answer : World Trade Organisation (WTO) is an organisation whose aim is to liberalise international trade. It was set up in early 1995. It helps to remove trade barriers and create a free environment ... barriers. On the other hand,WTO rules have forced the developing countries to remove trade barriers.

Description : Where is the Head Office of WTO ? -SST 10th

Last Answer : Geneva-Switzerland.

Description : What is wto and what are its aims -SST 10th

Last Answer : This answer was deleted by our moderators...

Description : What is the full form of 'WTO' ? -How To ?

Last Answer : The full form of 'WTO' is World Trade Organisation

Description : What is the full form of WTO ?

Last Answer : WTO 's full version World Tourism Organization.

Description : Where is the 7th WTO Summit held ?

Last Answer : The 7th WTO Summit is held in Switzerland.

Description : Where is the 7th WTO Summit held ?

Last Answer : The 7th WTO Summit is held in Switzerland.

Description : Where is the 6th WTO Summit held ?

Last Answer : The 6th WTO Summit is held in Hong Kong.

Description : Where is the 5th WTO Summit ?

Last Answer : The 5th WTO Summit is held in Mexico.