In What Way Can the World Trade Organization (WTO) Penalize

question 90

Multiple Choice

In what way can the World Trade Organization (WTO) penalize member countries that are found to be engaged in unfair trade practices?

• A)the WTO can impose sanctions on the transgressor
• B)the WTO can bring the employees of offending companies to court
• C)the WTO can restrict the membership of the offending country in other world organizations such as the United Nations
• D)the WTO panel can issue a ruling instructing a member state to change trade policies that violate GATT regulations, and if the policies are not changed, allow other states to impose sanctions
• E)expel the violating country from the WTO, which means that companies from that country will be charged higher tariffs on their exports

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Definitions:

Sociology

The study of social behavior, society, patterns of social relationships, social interaction, and culture that surrounds everyday life.

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Social Factors

Social factors are elements within a society that influence the behavior, preferences, and attitudes of its members, such as family, education, and income levels.

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A viewpoint in sociology that involves looking at social phenomena from a broad scale to see how people's behaviors are shaped by the society surrounding them.