As a Condition for the World Trade Organization's Enactment of New

question 75

Multiple Choice

As a condition for the World Trade Organization's enactment of new policies, developing countries pressure the World Trade Organization for

• A) more stringent environmental-protection policies in advanced countries.
• B) additional expenditures on policies to protect intellectual property.
• C) import tariff reductions in advanced countries.
• D) domestic content laws in advanced countries.

---

Definitions:

Collateral Position

The assets that a borrower offers to a lender as security for the repayment of a loan, potentially forfeited in case of default.

Disbursement of Funds

The act of paying out money from a fund or account to cover expenses or investments.

Collateral Position

Collateral is property or assets that a borrower offers to a lender as security for a loan, which can be taken by the lender if the borrower fails to repay.

Stretching Payables

Paying invoices after they’re due according to the terms of sale. Also called leaning on the trade.