Which of the Following Statements Regarding the 1994 Agreement on Import

question 38

Multiple Choice

Which of the following statements regarding the 1994 Agreement on Import Licensing Procedures is false?

• A) Applications should not be refused because of minor errors in paperwork.
• B) The WTO Import Licensing Committee must be notified if any new products will become subject to licensing requirements.
• C) It calls for the procedures to be fair, reasonable, and nondiscriminatory.
• D) Where licenses are used to administer quotas, the amount of the quota already used must be published for all importers to see.
• E) All of the above are correct.

---

Definitions:

Ethics Report

A document that outlines the ethical standards, policies, and practices of an organization, often highlighting areas of compliance and areas for improvement.

Verification

The process of establishing the truth, accuracy, or validity of something.

Risks And Liabilities

Potential hazards or debts that could lead to negative consequences for individuals or organizations.

Crisis Dimensions

Various aspects or features that define and impact the nature and severity of a crisis, such as its scope, intensity, and duration.