Which country became the 25th country to receive observer status in the World Trade Organization (WTO)?
Correct answer: C. Turkmenistan
- A. Iran
- B. Kazakhstan
- C. Turkmenistan
- D. Uzbekistan
Explanation
Turkmenistan became the WTO’s 25th observer country in July 2020. Observer status is an initial step toward possible WTO membership and is distinct from full membership.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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