Which of the Following Statements Regarding the 1994 Agreement on Technical

question 45

Multiple Choice

Which of the following statements regarding the 1994 Agreement on Technical Barriers to Trade is false?

• A) All technical regulations shall be applied on a nondiscriminatory basis, without regard to the national origin of the products.
• B) Disputes between countries may be referred to the WTO for negotiation and settlement.
• C) Whenever possible, product requirements should be based on the design and descriptive characteristics of a product, rather that its performance.
• D) Proposed standards must be published and made available to foreign countries.
• E) All of the above are true.

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Definitions:

Market Price

The prevailing transaction price for an asset or service.

Securities

Securities are financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Seasoned Offering

Refers to the issuance of additional securities by a company that has previously issued securities to the public and is therefore considered a more established issuer.

Stock Price

The going rate for buying or selling a single share of a firm's stock in the marketplace.