Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the proposed pragmatic approach to the Article XXIV problem?
What is the proposed pragmatic approach to the Article XXIV problem?
- Clarifying the meaning of 'substantially all the trade' and holding new FTAs to the agreed-to definition (correct)
- Challenging the existing FTAs in WTO dispute settlement
- Ignoring the meaning of 'substantially all the trade' in Article XXIV
- Abandoning the idea of new FTAs
What are the ramifications of an FTA being declared inconsistent with Article XXIV in WTO dispute settlement?
What are the ramifications of an FTA being declared inconsistent with Article XXIV in WTO dispute settlement?
- Potential economic sanctions on the country involved in the FTA
- No ramifications
- No impact on the FTA
- Possible undesirable dispute settlement proceedings (correct)
What does the chapter acknowledge and address in relation to the proposed pragmatic approach?
What does the chapter acknowledge and address in relation to the proposed pragmatic approach?
- The benefits of ignoring new FTAs
- The difficulties with the proposed approach (correct)
- The need for more FTAs
- The benefits of challenging existing FTAs
Which option is identified as part of the proposed pragmatic approach?
Which option is identified as part of the proposed pragmatic approach?
Signup and view all the answers
What is suggested as a way to stave off the possibility of undesirable dispute settlement proceedings?
What is suggested as a way to stave off the possibility of undesirable dispute settlement proceedings?
Signup and view all the answers
What is discussed in 'The Nuclear Option' section of the chapter?
What is discussed in 'The Nuclear Option' section of the chapter?
Signup and view all the answers
