In Late 2001 the WTO Launched a New Round of Talks

question 44

Multiple Choice

In late 2001 the WTO launched a new round of talks at Doha.The goals of this round of talks were to ____________________________.

• A) liberalize protection of intellectual property and reduce barriers to investment
• B) enhance the enforcement of the Paris Convention and allow global banking
• C) deregulation of transportation and the liberalizing of the textile market
• D) further protect intellectual property and reduce agricultural subsidies
• E) further liberalization of the global trade and investment framework

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Definitions:

Cost Recovery

The process of regaining the value of an expense or investment over time through revenue or savings.

Payback Period

The duration it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.

Net Cash Flow

The difference between a company's cash inflows and outflows during a specific period, indicating its liquidity position.

Initial Cost

The amount of money spent to acquire or invest in a significant item, asset, or project at the time of purchase or onset.