International Trade Law UNJA

Where is the headquarters of the WTO located?

• New York

• Prague

• Geneva

• Basel

Among the following options, which one is not the objective of the WTO?

• To improve the balance of payment situation of the member countries

• To protect environment

• To improve the standard of living of people of the member countries

• To enlarge production and trade of goods

What is GATT?

• 1. Political and economic union

• 1. Regional intergovernmental organization

• 1. A legal agreement between many countries

• A pact eliminating most trade barriers between Companies

What is the primary function of the Dispute Settlement Body of the WTO?

• To promote fair trade practices

• To provide financial aid to developing countries

• To resolve trade disputes between member countries

• To monitor environmental regulations

Which round of negotiations led to the creation of the World Trade Organization (WTO)?

• Uruguay Round

• Doha Round

• Seattle Round

• Cancun Round

Consultation, _______ , Appellate Body

Trade-Related Aspects of Intellectual ________ Rights

Special and ____________ Treatment provisions abbreviated as S&D or SDT

The Dispute __________ Understanding of the World Trade Organization (WTO) establishes a set of rules and procedures and provides a forum for resolving trade disputes between WTO member countries.

Panelists for each case may be chosen from an __________ list of well-qualified candidates nominated by WTO Members, although others may be considered as well, including those who have formerly served as panelist.