Which of the following statements is NOT TRUE of the World Trade Organization (WTO)? i. The WTO requires member nations to negotiate bilaterally. ii. The General Agreement on Tariffs and Trade (GATT) was replaced by the WTO in 1995. iii. The WTO resolves trade disputes between member nations. iv. The WTO's ultimate goal is the promotion of free international trade v. The WTO promotes developmental goals of less developed countries.