Under the WTO Agreement, ________

question 9

Multiple Choice

Under the WTO agreement, ________.

• A)a dispute resolution mechanism allows countries to bring grievances to the WTO against countries that levy inappropriate trade discrimination measures
• B)there is no dispute resolution mechanism except for trade involving environmental products
• C)countries are allowed to place trade barriers on member countries with no particular justification, because like GATT the WTO has no enforcement mechanism
• D)tariffs are permitted to be levied by developed countries against developing countries but not against each other

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Definitions:

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business.

Cost of Capital

The requisite rate of profit an enterprise should attain in investment activities to keep its market presence and secure funding.

Terminal Value

The estimated value of a business or project at the end of a forecast period, used in financial modeling.

NPV

Net Present Value, a calculation used to assess the profitability of an investment by summing the present values of all cash inflows and outflows associated with it.