What Are the Basic Parameters of GATS Laid Out in the Framework

question 65

Essay

What are the basic parameters of GATS laid out in the Framework Agreement?

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Definitions:

Loss

A reduction in value or the act of losing something.

Damage

Physical harm that impairs the value, usefulness, or normal function of something.

Danger

The possibility of harm or adverse effects resulting from exposure to hazardous situations, substances, or activities.

Vulnerability

A weakness in a system that can be exploited to compromise the system's security or functionality.