What is the UK's role in the World Trade Organisation?
What is the UK's role in the World Trade Organisation?
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Key learning points
- In this lesson, we will explore what global trade is and find out about the role of the World Trade Organisation. We also consider the relationship of the UK with the WTO and how this is likely to change in the future.
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This content is made available by Oak National Academy Limited and its partners and licensed under Oak’s terms & conditions (Collection 1), except where otherwise stated.
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5 Questions
Q1.
Which country is NOT a member of the Commonwealth?
Canada
India
UK
Q2.
In what year was the Commonwealth officially founded?
1945
1993
1995
Q3.
What is the name given to the document that explains the Commonwealth's Values?
Commonwealth Census
Commonwealth Secretariat
Commonwealth Treaty
Q4.
Which of the following is NOT a Commonwealth Value?
Democracy
Environment and Sustainability
Social Development
Q5.
Which of the following is NOT a way the UK supports the Commonwealth.
Contributes expertise to help overcome global problems.
Contributes government ministers to ensure democracy is upheld in Commonwealth nations.
Contributes towards the budget.
5 Questions
Q1.
True or false: bilateral trade is between three or more countries?
True
Q2.
Which of the following is NOT an activity of the World Trade Organisation?
Establishing trade links
Helping overcome trade disputes
Setting rules for trade
Q3.
Reducing the tariffs associated with trade and therefore making trade cheaper and easier is an example of which WTO activity?
Publishing research
Setting rules
Supporting Developing countries
Q4.
In which Developing Country has the WTO helped improve the working conditions and safety for garment workers?
Afghanistan
Bhutan
Mali
Q5.
True or false: trading under WTO rules means that trade is regulated by the WTO’s rules, not independent free trade agreements?
False