What Did China Recently Change Its Export Quota Policy on

question 58

Multiple Choice

What did China recently change its export quota policy on
Exports of rare earth minerals?

• A)A WTO dispute settlement panel ruled that China's export quotas violated the GATT.
• B)It found that export tariffs were more successful than export quotas in maintaining high world prices.
• C)Processing of rare earth minerals leads to low grade radioactive waste by­products.
• D)It found that these export quotas were not having the desired effect of maintaining high world prices.

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Definitions:

Counterclaim

A claim made by the defendant against the plaintiff that is filed along with the defendant’s answer.

Defendant

An individual, company, or institution sued or accused in a court of law.

Plaintiff

The party who initiates a lawsuit before a court against the defendant, seeking a legal remedy for a grievance.

Harmed

Suffered damage or injury, either physically, financially, emotionally, or legally.