Question
The headquarters of the World Trade Organization is located at
Answer (Detailed Solution Below)
Option 2: Geneva
Detailed Solution
The correct answer is Geneva.
The World Trade Organisation was established in 1995 as a global multilateral organisation that would make and implement rules for trading between nations of the world. The responsibility of the WTO is to promote and manage free trade. It acts as a forum for governments across the world to negotiate free trade agreements and manage trade disputes. Helps producers conduct international business smoothly. At present, the WTO consists of 164 Member Countries (including European Union) and 23 observer governments (like Iraq, Iran, Bhutan, Libya etc). The headquarter of World Trade Organization is located in Geneva, Switzerland.
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