Normally the WTO Does Not Allow Discriminatory Treatment in Trade

question 31

Multiple Choice

Normally the WTO does not allow discriminatory treatment in trade of member nations, but it makes an exception for nations:

• A) that have a large trade surplus.
• B) using environmentally harmful production techniques.
• C) that cannot control drugs and other illegal activities.
• D) engaging in regional free-trade agreements.

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Definitions:

Money-back Guarantee

A pledge to refund a customer's payment if the product or service does not meet the advertised standards or expectations.

Abuse of Dominant Position

An anti-competitive business practice where a dominant firm uses its market power to exclude competitors or exploit consumers.

Regulatory Law

A body of law that governs the activities of administrative agencies of government, including rule-making and enforcement.

Criminal Law

The body of law that relates to crime and the regulation of conducts prohibited by the state, including the imposition of penalties for their violation.