Under Which of the Following Conditions, a Member Nation Can

question 44

Multiple Choice

Under which of the following conditions, a member nation can apply restrictions on international transfers and payments for current transactions even though they are typically forbidden by GATS?

• A) The member nation is in transition to a market economy.
• B) The member nation wants to grant monopoly rights to a service supplier.
• C) The member nation wishes to not adopt the guidelines of the Council on Trade in Services.
• D) The member nation has been granted MFN status by another country.

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Definitions:

Fight or Flight

A physiological response to perceived threat or harm, preparing the body to either confront or avoid danger.

Positive Subjective Experiences

Personal experiences that evoke good feelings, satisfaction, or pleasure.

Sensual Pleasures

Enjoyments derived from gratifying sensory experiences, often related to touch, taste, smell, sound, and sight.

Present

The current moment or period of time, distinct from the past and future.