Podcast
Questions and Answers
What is the main focus of the WTO agreements?
What is the main focus of the WTO agreements?
- Trade in goods and services (correct)
- Ratification of parliaments
- Membership growth
- Trade in inventions and creations
What is the goal of the WTO?
What is the goal of the WTO?
- To focus on trade in goods only
- To increase membership of important trading countries
- To help producers, exporters, and importers conduct their business (correct)
- To negotiate and sign trade agreements
How many members are there in the WTO as of July 2016?
How many members are there in the WTO as of July 2016?
- 180 members
- 200 members
- 148 members
- 164 members (correct)
Which state is a conspicuous exception as it is not yet a member of the WTO?
Which state is a conspicuous exception as it is not yet a member of the WTO?
Which country recently joined the WTO in 2001?
Which country recently joined the WTO in 2001?
What is the first article of the General Agreement on Tariffs and Trade (GATT)?
What is the first article of the General Agreement on Tariffs and Trade (GATT)?
Which three main areas of trade are covered by the WTO?
Which three main areas of trade are covered by the WTO?
Under what circumstances are countries allowed to discriminate in services?
Under what circumstances are countries allowed to discriminate in services?
What is the purpose of a free trade agreement?
What is the purpose of a free trade agreement?
What does the principle of most-favoured-nation (MFN) treatment require of a country when it lowers a trade barrier or opens up a market?
What does the principle of most-favoured-nation (MFN) treatment require of a country when it lowers a trade barrier or opens up a market?
What is the priority in the General Agreement on Trade in Services (GATS) and the Agreement on TradeRelated Aspects of Intellectual Property Rights (TRIPS)?
What is the priority in the General Agreement on Trade in Services (GATS) and the Agreement on TradeRelated Aspects of Intellectual Property Rights (TRIPS)?
What exceptions are allowed under the agreements related to most-favoured-nation (MFN) treatment?
What exceptions are allowed under the agreements related to most-favoured-nation (MFN) treatment?
How should foreign and locally produced goods be treated?
How should foreign and locally produced goods be treated?
What is the principle of “national treatment” in relation to trade?
What is the principle of “national treatment” in relation to trade?
When does national treatment apply to a product, service, or intellectual property?
When does national treatment apply to a product, service, or intellectual property?
What is one of the means of encouraging trade mentioned in the text?
What is one of the means of encouraging trade mentioned in the text?
What was the focus of the trade negotiations during the creation of GATT in 1947-48?
What was the focus of the trade negotiations during the creation of GATT in 1947-48?
What had happened to industrial countries’ tariff rates on industrial goods by the mid-1990s?
What had happened to industrial countries’ tariff rates on industrial goods by the mid-1990s?
Which WTO agreement includes the principle of “national treatment” in Article 17?
Which WTO agreement includes the principle of “national treatment” in Article 17?
Is charging customs duty on an import considered a violation of national treatment?
Is charging customs duty on an import considered a violation of national treatment?
What is one of the main purposes of the Doha Development Agenda?
What is one of the main purposes of the Doha Development Agenda?
