WTO - World Trade Organisation Overview

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10 Questions

What is the primary advantage of using local suppliers mentioned in the text?

More revenue and jobs for local people

What is the primary disadvantage of using local suppliers mentioned in the text?

Both a and b

What is the purpose of the Totnes Pound mentioned in the text?

Both a and b

What is the primary goal of the Fairtrade certification mentioned in the text?

Both a and b

Which of the following is NOT a transition town goal mentioned in the text?

Increasing revenue for local businesses

What is the primary challenge facing the Fairtrade scheme as it continues to grow?

Ensuring profits are distributed properly to the growers and producers

Which of the following is NOT a disadvantage of using local suppliers mentioned in the text?

Deliveries can be much slower and may cost more

What is the primary purpose of the Totnes Pound mentioned in the text?

To encourage spending in independent stores, thereby benefiting the local economy

Which of the following is NOT a transition town goal mentioned in the text?

Increasing revenue for local businesses

What is the primary challenge facing the Fairtrade scheme mentioned in the text?

Ensuring profits are distributed properly to the growers and producers

Learn about the World Trade Organisation (WTO) headquartered in Geneva, Switzerland, aimed at liberalising trade by removing barriers like tariffs and subsidies. Explore the criticisms and challenges faced by the WTO in creating equal opportunities for all countries to trade.

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