One of the Differences Between WTO and GATT Is That

question 3

Multiple Choice

One of the differences between WTO and GATT is that WTO's dispute settlement mechanism is:

• A)inferior.
• B)faster and more automatic.
• C)very limited.
• D)controlled by the World Bank.
• E)controlled by the negotiation section of the United Nations.

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Definitions:

SEC

United States Securities and Exchange Commission, the federal agency responsible for enforcing federal securities laws and regulating the securities industry.

Stock Options

Contracts that give the holder the right, but not the obligation, to buy or sell a stock at a set price within a specified period.

GAAP

Generally Accepted Accounting Principles; a collection of commonly-followed accounting rules and standards for financial reporting.

Grant Date

In the context of stock options, the grant date is the date on which an employee is given the right to exercise their options at a set price.