The World Trade Organisation (WTO) and G7/G8 and G20 (Edexcel A-Level Politics): Quizzes
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Practise the questions
13 questions from this quiz
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Practise the questions
13 questions from this quiz
In what year was the WTO established?
In what year was the WTO established?
1995
What percentage of world trade do WTO member states account for?
What percentage of world trade do WTO member states account for?
97%
What is the top decision-making body of the WTO?
What is the top decision-making body of the WTO?
Ministerial Conference
What is the WTO's compliance rate for trade dispute resolutions?
What is the WTO's compliance rate for trade dispute resolutions?
90%
Which WTO negotiation round began in 2001 and remains unresolved?
Which WTO negotiation round began in 2001 and remains unresolved?
Doha Round
According to OECD estimates, how much do agricultural subsidies total annually?
According to OECD estimates, how much do agricultural subsidies total annually?
$300 billion
In what year was the G7 founded?
In what year was the G7 founded?
1975
Why was Russia suspended from the G7/8 in 2014?
Why was Russia suspended from the G7/8 in 2014?
Annexation of Crimea
What percentage of the global economy does the G7's GDP account for?
What percentage of the global economy does the G7's GDP account for?
45%
Which feature is characteristic of the G7/8?
Which feature is characteristic of the G7/8?
No headquarters or legal status
How does G7/8 voting differ from the UN Security Council?
How does G7/8 voting differ from the UN Security Council?
UNSC P5 have veto, G7 has equal vote
In what year was GATT initially established?
In what year was GATT initially established?
1947
By 2000, what had average global tariffs fallen to from 40% in 1947?
By 2000, what had average global tariffs fallen to from 40% in 1947?
3%