MKTG3410 CE3

GATT stands for the General Agreement on ____ and Trade.

• Tariffs

• Technology

• Trials

• Trains

Key features and points related to GATT include all following EXCEPT ....

• Tariff Reduction

• Dispute Resolution

• Multilateral Trade Negotiations

• Trade Promotion

World Tariffs Organization (WTO) is an international organization that deals with the global rules of trade between nations.

• TRUE

• FALSE

• 50=50

• SKIP

Following are key differences between GATT and the WTO EXCEPT ....

• Dispute Resolution Mechanism

• Agreements

• Consultancy

• Nature and Scope

While WTO laid the foundation for international trade cooperation, the GATT represents a more comprehensive and standardized approach, covering a broader range of trade issues and providing a more effective dispute resolution mechanism.

• FALSE

• TRUE

• SKIP

• 50-50

When perceived political risk is ......, a country will have a difficult time attracting foreign direct investment.

• low

• high

• moderate

• stabil

A political risk example is the potential for a new government to pass laws that limit or reduce ...... investment.

• local

• national

• internal

• foreign

Following are key aspects of international law in the context of international business EXCEPT ........

• Contracts and Commercial Law

• Trade and Investment Law

• Life Insurance Law

• Labor and Human Rights

are the words, phrases, and symbols that differentiate your brand from others in your industry. They must be distinctive and used in commerce to sell or promote a product or service in order to qualify as trademarks.

• Targeting

• Trademarks

• Images

• Report

A .... grants you legal rights to anything you create that expresses or embodies an idea. It gives you exclusive rights to copy, distribute, reproduce, display, and license the work.

• copyright

• copyleft

• hardcopy

• softcopy