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CIMAPRA17-BA1-1 Exam - Topic 3 Question 120 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 120
Topic #: 3
[All CIMAPRA17-BA1-1 Questions]

Which global institution is concerned with enforcing the GATT?

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Suggested Answer: C

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Cristy
25 days ago
True, but GATT is all about trade, so WTO fits best.
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Reyes
1 month ago
A lot of people confuse it with the IMF.
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Kristofer
1 month ago
Yeah, I agree! They handle trade rules.
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Shayne
1 month ago
I think it's C) The World Trade Organization.
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Dwight
2 months ago
GATT enforcement is all about the WTO!
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Mel
2 months ago
Wait, are we sure about that?
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Kristal
2 months ago
C is correct, no doubt about it!
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Katie
2 months ago
I thought it was the IMF at first.
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Raelene
2 months ago
It's definitely the WTO!
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Xochitl
2 months ago
C) The World Trade Organization, unless they're too busy playing ping-pong with the tariffs.
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Clarinda
3 months ago
I'm going with C. The WTO is the organization that oversees international trade rules and agreements.
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Lanie
3 months ago
C) The World Trade Organization, duh. What else would it be, the G20? They're too busy arguing about who gets the last croissant.
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Chanel
3 months ago
I'm pretty sure it's C. The WTO is the global institution that deals with trade agreements like GATT.
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Kent
4 months ago
C) The World Trade Organization is the correct answer. The WTO is responsible for enforcing the GATT (General Agreement on Tariffs and Trade).
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Lura
4 months ago
I recall a practice question about trade institutions, and I think the WTO was mentioned as the one that enforces GATT. So I’m leaning towards C.
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Lindsey
4 months ago
I keep mixing up the IMF and the World Bank. I think they deal with finance, not trade, but I’m not 100% certain.
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Graham
4 months ago
I feel like we covered this in class. GATT is related to trade, so it has to be the WTO, right?
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Vernell
4 months ago
I think the answer might be C) The World Trade Organization, but I’m not entirely sure. I remember something about trade agreements.
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Torie
4 months ago
Wait, is it the IMF or the World Bank that deals with international trade and agreements like the GATT? I'm a little fuzzy on the differences between these global economic institutions. Hmm, I'll have to make an educated guess on this one.
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Lili
5 months ago
Okay, I've got this. The GATT is the General Agreement on Tariffs and Trade, which is a set of rules for international trade. The organization that oversees and enforces the GATT is the World Trade Organization (WTO). I'm confident that's the right answer.
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Alaine
5 months ago
Ugh, I'm not totally sure about this one. The GATT is some kind of trade agreement, but I can't remember which institution is in charge of enforcing it. I'll have to think this through carefully.
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Susana
5 months ago
Hmm, I think this is asking about which global organization is responsible for enforcing the GATT trade agreement. I'm pretty sure the World Trade Organization (WTO) is the right answer here.
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Desirae
15 days ago
Yeah, the World Trade Organization handles trade rules.
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Lauran
20 days ago
I agree, the WTO is definitely the one.
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