Which of the Following Terms Refers to a GATS Requirement

question 51

Multiple Choice

Which of the following terms refers to a GATS requirement that a WTO member state accord to services and service suppliers of other member states treatment no less favorable than what the member grants its own like services and service suppliers?

• A) nolo contendere rule
• B) market access
• C) national treatment
• D) foreseeability standard

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Definitions:

Current Stockholders' Equity

The total value of all shareholders' interests in a company, based on current financial statement data.

External Exchange

External Exchange involves the trading or swapping of goods, services, or financial assets between entities across different economies or markets.

Supplies

Items used in the operation of a business that are not inventory and are typically consumed within a short period.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership interest in a company.