The World Bank was created as a result of the Bretton Woods conference and was originally focused on the reconstruction of Europe after World War II.
Indicate whether the statement is true or false
Question 2
One result of the Uruguay Round was the formation of an organization known as the ________, which is responsible for setting trade rules and settling trade disputes between members.
A) World Commercial Council (WCC)
B) World Trade Organization (WTO)
C) International Trade Organization (ITO)
D) United World Trade Council (UWTC)
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Global Stratification: Income of the World's Nations
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Growth in the demand for oil from the developing world
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