In Comparison with the General Agreement on Tariffs and Trade

question 24

Multiple Choice

In comparison with the General Agreement on Tariffs and Trade (GATT) ,which of the following statements is true of the World Trade Organization (WTO) ?

• A) The World Trade Organization (WTO)led many governments to invoke non-tariff barriers which triggered trade disputes.
• B) The World Trade Organization (WTO)introduced the Multifiber Arrangement (MFA)which restricted free trade in textiles.
• C) The World Trade Organization (WTO)does not cover Intellectual Property (IP)protection.
• D) The World Trade Organization (WTO)includes effective trade dispute settlement mechanism.

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Definitions:

Evolutionary Senses

The senses developed through the process of evolution to help organisms adapt to their environment and survive.

Action-Motivating

Capable of encouraging or prompting individuals to take action or make decisions.

Depression Rates

The proportion of a population diagnosed with or exhibiting symptoms of depression within a given timeframe.

Repeatedly Think

The act of considering or pondering the same idea, concept, or situation multiple times, often leading to deep reflection or fixation.