What Was the Outcome for the GATT After the Ratification

question 98

Multiple Choice

What was the outcome for the GATT after the ratification of the Uruguay Round agreements?

• A) With the ratification of the Uruguay Round agreements, the GATT became part of the World Trade Organization (WTO) in 1995, and its 117 original members moved into a new era of free trade.
• B) It became part of the World Trade Organization.
• C) It led to the uneven distribution of economic power and potential.
• D) The European Union decided to stay away from the treaty.
• E) The original purpose was sidelined in favor of political and military intervention between member states.

Comprehend the classification and configuration of data structures and routines in an automation environment.

Identify and distinguish between different types of Greek statues and their contexts.

Understand the significance of historical events and their representation in Greek art.

Recognize the evolution and characteristics of Greek vase painting styles.

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Definitions:

Imperialist Tendencies

The inclination towards extending a country's power and influence through colonization, use of military force, or other means.

Democratic Forms

Pertains to the various methods and systems through which democracy is implemented and practiced, encompassing aspects like voting systems, public participation, and representative governance.

Trade Barriers

Measures implemented by governments to restrict or regulate international trade, including tariffs, quotas, and embargoes.

Wages

Payments made to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis and paid on a regular schedule.