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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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Clarinda
3 days ago
I'm going with C. The WTO is the organization that oversees international trade rules and agreements.
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Lanie
8 days 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
14 days 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
19 days 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
24 days 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
29 days 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
1 month 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
1 month 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
1 month 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
2 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
2 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
2 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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