Which of the Following Is a Difference Between the General

question 114

Multiple Choice

Which of the following is a difference between the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) ?

• A) The GATT was involved only in merchandise trade, while the WTO covers services and trade-related aspects of intellectual property.
• B) The GATT was involved in settling disputes quickly, while the WTO relies on voluntary cooperation.
• C) The GATT was developed to support Mexico's efforts to become more market-oriented, while the WTO aims to launch new provisions against dumping.
• D) The GATT resolved more trade disputes in its first decade, while the WTO is susceptible to blockage.
• E) The GATT was the institutional foundation for world trade, while the WTO is based on multilateral agreements with no institutional foundation.

---

Definitions:

Adaptive Skills

Abilities that enable individuals to effectively engage and manage everyday living tasks.

Automatic Mind

The aspect of cognition that operates without conscious control, often handling routine or familiar tasks.

Deliberate System

Refers to the cognitive process that is slow, rational, and involves conscious decision-making, contrasting with automatic, quick responses of the brain's intuitive system.

Deliberate Mind

Thinking that is conscious, intentional, and reasoned, as opposed to automatic and instinctive.