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Questions and Answers
What principle in the GATT and WTO focuses on the design, implementation, updating, and enforcement of procedures, rules, and guidelines?
What principle in the GATT and WTO focuses on the design, implementation, updating, and enforcement of procedures, rules, and guidelines?
Rules-based principle
Which country became the global leader after World War II and wanted postwar globalization to be based on international institutions?
Which country became the global leader after World War II and wanted postwar globalization to be based on international institutions?
United States
What was the US Congress hesitant to do in terms of trade policy post-World War II?
What was the US Congress hesitant to do in terms of trade policy post-World War II?
Bind its hands with a new international organization
What organization was not created like the International Monetary Fund to support postwar globalization according to the text?
What organization was not created like the International Monetary Fund to support postwar globalization according to the text?
Which principle in the GATT and WTO states that the world trade system should focus on rules, not results?
Which principle in the GATT and WTO states that the world trade system should focus on rules, not results?
What is the focus of the GATT and now the WTO in terms of trade agreements?
What is the focus of the GATT and now the WTO in terms of trade agreements?
Which principle in the GATT and WTO emphasizes treating all trading partners equally?
Which principle in the GATT and WTO emphasizes treating all trading partners equally?
What aspect of trade agreements involves making information accessible to all relevant parties?
What aspect of trade agreements involves making information accessible to all relevant parties?
What term is used to describe mechanisms in trade agreements that allow for flexibility in certain circumstances?
What term is used to describe mechanisms in trade agreements that allow for flexibility in certain circumstances?
What is the term for the rate of protection that is actually provided by a country's tariff structure?
What is the term for the rate of protection that is actually provided by a country's tariff structure?
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