The Uruguay Round of GATT Negotiations

question 88

Multiple Choice

The Uruguay Round of GATT negotiations:

• A)reduced the nontariff barriers in services and increased them on manufactured goods.
• B)ended the use of patents, copyrights, and trademarks on an international basis.
• C)reduced or on thousands of products and, reduced the overall tariffs by 33 percent.
• D)restricted foreign investment in other countries to a specified percentage of a nation's domestic output.

---

Definitions:

Strategic View

An approach that involves looking at a situation or planning actions with long-term objectives and implications in mind.

Technical View

An approach focused on the technological aspects of a product, system, or issue.

SWOT Analysis

A strategic planning technique used to identify a company's Strengths, Weaknesses, Opportunities, and Threats to optimize decision-making.

Strategic Implications

Strategic implications refer to the potential effects or outcomes of a particular strategy or decision on an organization's long-term goals and objectives.