Global Trade Liberalization Progress Quiz
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Global Trade Liberalization Progress Quiz

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@GracefulPiano

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Questions and Answers

What was the outcome of the WTO-sponsored Doha Round of negotiations?

  • A weak, face-saving agreement (correct)
  • A complete breakdown of negotiations
  • An agreement that favored developing nations
  • A strong, comprehensive agreement
  • What has become a significant hurdle due to the growing membership of the WTO?

  • Requirement of adopting WTO agreements by majority vote
  • The need for consensus to adopt any WTO agreement (correct)
  • Increase in flexibility for building domestic consensus
  • Decrease in negotiating power for developed nations
  • What has led to slower progress on the global front in terms of trade liberalization?

  • Narrowing differences between developed and developing nations
  • Negotiations addressing deeper and more sensitive issues (correct)
  • Alignment of WTO commitments with domestic interests
  • Increased cooperation among developed and developing nations
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