The correct answer is (b) Geneva.
The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. It was established on 1 January 1995 as the successor to the General Agreement on Tariffs and Trade (GATT). The WTO’s headquarters are located in Geneva, Switzerland.
The WTO’s mission is to ensure that trade flows as smoothly, freely, fairly and predictably as possible. It does this by providing a forum for governments to negotiate trade agreements, by setting rules for trade between its members, and by providing a system for settling trade disputes.
The WTO’s membership has grown from 39 countries in 1995 to 164 countries in 2022. The WTO’s rules and agreements cover a wide range of issues, including tariffs, quotas, subsidies, technical barriers to trade, intellectual property rights, and services.
The WTO is a powerful organization that has had a significant impact on the global economy. It has helped to reduce tariffs and other trade barriers, and it has promoted trade liberalization. The WTO has also played a role in resolving trade disputes.
However, the WTO has also been criticized for being too bureaucratic and for not doing enough to help developing countries. The WTO is currently facing a number of challenges, including the rise of protectionism and the increasing importance of regional trade agreements.
Despite these challenges, the WTO remains an important organization in the global economy. It is likely to continue to play a significant role in shaping the rules of international trade in the years to come.
The other options are incorrect because:
(a) Doha is the capital of Qatar.
(c) Rome is the capital of Italy.
(d) New York is the most populous city in the United States.