The correct answer is: B. Switzerland
The World Trade Organization (WTO) is an intergovernmental organization that deals with the rules of trade between nations. It was established in 1995 and is headquartered in Geneva, Switzerland. The WTO’s main function is to ensure that trade flows smoothly between countries. It does this by negotiating trade agreements, settling trade disputes, and monitoring national trade policies.
The WTO is made up of 164 member countries. The United States, China, the European Union, and Japan are the four largest members. The WTO’s decisions are made by consensus, which means that all member countries must agree before a decision can be made.
The WTO has been criticized for being too slow to respond to changes in the global economy. It has also been criticized for being too focused on the interests of large corporations and not enough on the interests of developing countries.
Despite these criticisms, the WTO remains an important organization in the global economy. It helps to promote trade and economic growth, and it provides a forum for countries to resolve trade disputes.
The other options are incorrect because:
- Option A: France is not the headquarters of the World Trade Organization. The headquarters of the World Trade Organization is located in Geneva, Switzerland.
- Option C: The United States is not the headquarters of the World Trade Organization. The headquarters of the World Trade Organization is located in Geneva, Switzerland.
- Option D: England is not the headquarters of the World Trade Organization. The headquarters of the World Trade Organization is located in Geneva, Switzerland.