The "Millennium Round" Ended in 1999 With

question 111

Multiple Choice

The "millennium round" ended in 1999 with:

• A) a successful record on agricultural products.
• B) a new agenda for the next round focusing on financial services.
• C) no agreement on the reduction of barriers to cross-border trade and investment.
• D) a decision to avoid FDI.

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Definitions:

Inductive Reasoning

A logical process in which multiple premises, all believed true or found true most of the time, are combined to obtain a specific conclusion.

Deductive Reasoning

A logical process in which a conclusion follows necessarily from the stated premises; inference from general to specific.

Inductive Reasoning

A method of reasoning in which specific observations or examples are used to form a general conclusion or principle.

Hypothetical Thinking

The process of exploring and considering possibilities or outcomes that do not currently exist or have not yet occurred.