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Question

What are the three key components of the WTO?

A
An Executive apparatus, a Legislative apparatus and an Enforcement apparatus
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B
A Senate, a Judiciary and a Directorate
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C
A Board of Governors, the Assembly of Member States and a Steering Committee
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D
A Trade Commission, a Dispute Settlement Body and a Council of Ministers
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Solution

The correct option is A An Executive apparatus, a Legislative apparatus and an Enforcement apparatus

  • The main goal of WTO is to improve free international trade. This can be achieved by following three main components.
  • An executive apparatus includes administrative unit consisting of the Director General and the Secretariat
  • A legislative apparatus includes the Ministerial Conference and the General Council for the decision making.
  • An enforcement apparatus is a dispute settlement body. It is for a code of conduct regulating international trade policies and practices of nation states


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