The Philippines and the WTO

When did the Philippines became a member of GATT?

• 27 December 1979

• 28 December 1979

• 27 December 1997

• 27 December 1989

When did the Philippines became a member of WTO?

• 1 February 1995

• 1 January 1995

• 1 January 1985

• 1 January 1975

Which of the following is considered new trade issues in the WTO?

• Digital Trade and E-Commerce

• Rise of Protectionism

• Sustainability and Climate-Related Trade Issues

• All of the above

Which of the following is considered work of the Commission in relation to the WTO?

• Transpose the Philippine Tariff Schedule under the WTO to the latest Harmonised System Nomenclature

• Submit tariff information to the WTO IDB

• Participate/contribute in Trade Policy Review (TPR) of member countries

• All of the above

Which statement is true?

• The GATT and WTO have an impact in the Philippine economy, specifically on its tariff structure only

• The GATT and WTO have an impact in the Philippine economy, specifically on its tariff structure, trade volume, and sectoral performance

• The GATT and WTO does not have an impact in the Philippine economy, specifically on its tariff structure, trade volume, and sectoral performance

• The GATT and WTO does not have an impact in the Philippine economy, specifically on its trade volume only