Which of the following statements about the World Trade Organization (WTO) is most accurate?
A. The World Trade Organization was formed in 2008 to response to the global recession.
B. The WTO was formed by the United Nations.
C. By mid-2013, there were 159 WTO member countries, including the United States, which account for more than 90 percent of world trade.
D. The WTO uses panels of trade experts who can issue non-binding recommendations.
E. The WTO sets rules governing trade between member and nonmember countries of the world.
Answer: C
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