Existence of the wto has allowed most member countries

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Question: Imagine that your friend is the CEO of a company, called Magna Clothes, that manufactures cool new clothing accessories for both men and women. Now that it has achieved a large following and a level of success in the United States, Magna Clothes wants to start conducting business abroad. Your friend knows you have taken a management class and has asked you to explain the history and signi?cance of the World Trade Organization (WTO). Which of the following statements are true? Check all that appfy.

The WTO seeks to reduce remaining trade barriers through multilateral negotiations. 

Existence of the WTO has allowed most member countries to replace their local currencies with a universal currency beginning in 2002.

The WTO is headquartered in Belgium.

The WTO seeks to promote trade ?ows by encouraging member nations to adopt nondiscriminatory and predictable trade policies.

Reference no: EM133216781

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