By 2006, how many countries were the members of the World Trade Organi...
Answer:
To determine the number of countries that were members of the World Trade Organisation (WTO) by 2006, we need to refer to the information provided in the question.
By 2006, the number of WTO member countries was:
A: 139
B: 149
C: 159
D: 169
Since the correct answer is option B, we can conclude that by 2006, there were 149 countries that were members of the World Trade Organisation.
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By 2006, how many countries were the members of the World Trade Organi...
Number of WTO Members in 2006
Countries that are members of the World Trade Organisation (WTO) are known as WTO Members. In 2006, the number of countries that were members of the WTO was:
Option B: 149
This means that there were 149 countries that were part of the WTO in 2006. The World Trade Organisation is a global international organization that deals with the rules of trade between nations. It helps ensure that trade flows as smoothly, predictably, and freely as possible.
Significance of WTO Membership
Being a member of the WTO is important for countries as it allows them to benefit from the rules-based trading system that the organization provides. It also helps countries to resolve trade disputes in a fair and transparent manner.
Expansion of WTO Membership
Over the years, the number of WTO Members has grown as more countries seek to participate in the global trading system. As of now, the WTO has 164 members, with more countries in the process of joining.
Conclusion
In 2006, there were 149 countries that were members of the World Trade Organisation. Being a part of the WTO is significant for countries as it allows them to benefit from the rules-based trading system and resolve trade disputes effectively.