In What Way Can the World Trade Organization Penalize Member

question 5

Multiple Choice

In what way can the World Trade Organization penalize member countries that engage in unfair trade practices?

• A)The WTO can issue sanctions against such countries and,if this fails to bring about change,it can indict heads of state and bureaucrats of the offending member nations.
• B)The WTO can bring the employees of offending companies in those countries 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 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.

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Definitions:

Making A Will

The legal process through which an individual specifies how their assets should be distributed after death.

Testator

A person who has made a will, especially one that is legally valid.

Incomplete Disposition

The failure to fully deal with or dispose of an asset or a legal matter.

Trust Property

Refers to assets held in a trust, managed by a trustee on behalf of the beneficiaries of the trust according to the terms of the trust agreement.