The World Trade Organization (WTO) was built on the basis of the General Agreement on Tariffs and Trade (GATT) and, thus, Inherited many of its features. Sull, the WTO proved to be a very distinct Institution. Indicate whether each property in the following table is a unique property of the WTO compared to GATT. Unique Property of WTO Property Yes No Acts as a provisional treaty O O Administers a unified package of agreements O O Includes side agreements O O Brings trade In services, Intellectual property, and Investment into the multilateral trading system O Acts as a membership organization O According to GATT, regional trade agreements: can be formed if the duties with outside parties are not more restrictive than prior to the formation Cannot be formed Can be formed even if the duties with outside parties are more restrictive than prior to the formation Can be formed only as free-trade areas and not as customs unions