The World Trade Organization was founded in 1995. It absorbed the General Agreement on Tariffs and Trade , which covers trade in manufactured and agricultural goods. The WTO also regulates trade in services and in intellectual property, 49

　　The WTO is one of three major organizations that oversee international economic relations among governments. The other two are the International Monetary Fund, which works to improve payment arrangements and other financial dealings between countries, and the World Bank, 50 WTO headquarters are in Geneva, Switzerland.

　　A. which includes such creations as books, computer software, and recordings.

　　B. the country must either change its practices or face increased taxes on its exports.

　　C. WTO plays a important role in the trade between nations.

　　D. The most important right guarantees that, except in special circumstances, a countrys export goods and services get the same import taxes, that is, tariffs, and other trade restrictions.

　　E. For example, a member nation must treat the exports of all WTO members equally.

　　F. which provides loans to poorer nations for economic development.

　　基础练习答案：

　　D E B A F

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