How many members does the World Trade Organization have?

Prepare for the FBLA International/Global Business Exam! Study with flashcards and multiple choice questions, each with hints and explanations. Get set for success!

The World Trade Organization (WTO) comprises 164 member countries as of October 2023, though this number may not appear directly among the choices provided. However, the correct answer reflects an understanding of the organization’s membership trends, which often leads to confusion. The WTO aims to facilitate international trade and provide a framework for negotiating and formalizing trade agreements, as well as resolving trade disputes between nations. Membership can fluctuate with new countries joining, and expert knowledge is needed on the current count to avoid inaccuracies.

In this case, the other options could be misleading: 200, 240, and 100 do not align with the reality of WTO membership numbers, showing an understanding of the global trade landscape and the organization’s significance in international commerce is essential for accurate knowledge in global business practices. It's worth noting that membership numbers can change, emphasizing the need for continuous updates and awareness of international organizations in global business education.

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