The WTO Also Ruled on the U

question 114

Multiple Choice

The WTO also ruled on the U.S. restriction of gasoline imports from Venezuela and Brazil in 1994 on environmental grounds. What was the outcome?

• A) The United States could ban those imports because they violated the U.S. Clean Air Act.
• B) They could not ban the imports because they had not given Venezuela and Brazil a grace period as they had given their own U.S. companies.
• C) The United States could not use "environmental protection" as an excuse for every trade dispute that came along.
• D) The United States could bring counter-charges against Venezuela and Brazil on the banana issue.

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Definitions:

Defensive Moves

Strategies employed by companies to protect their market share, revenue, or profitability from competitors.

Mixed Branding

a strategy where a company markets products under several different brands, often catering to different market segments.

Own Market

A term referring to the market where a company sells its products or services, often in contrast to competitor markets.

Reseller

An entity or person who buys products or services to sell them, rather than to use or consume them personally.