South Korea Files WTO Complaint Over Japan's Export Restrictions

South Korea Files WTO Complaint Over Japan's Export Restrictions

Assessment

Interactive Video

Business

University

Hard

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In July, Japan imposed stricter export controls on three materials crucial for South Korea's tech industry, affecting semiconductor and display production. South Korea claims the move is politically driven and breaches WTO rules. Seoul may file a complaint and is considering WTO dispute resolution if bilateral talks fail, though this process could be lengthy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What materials did Japan impose tighter export controls on in July?

Automobile parts

Semiconductors and displays

Three materials used in tech

Smartphones and TVs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does South Korea's trade minister believe Japan's export restrictions are problematic?

They are beneficial to South Korea

They are environmentally harmful

They violate WTO discrimination rules

They are economically motivated

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action is South Korea considering in response to Japan's export restrictions?

Banning Japanese imports

Filing a complaint with the WTO

Imposing tariffs on Japanese goods

Negotiating a new trade deal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step South Korea plans to take under WTO rules to address the dispute with Japan?

Seek support from other countries

File a lawsuit in international court

Impose counter-restrictions

Request a sit down with Japan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be a potential outcome if the WTO panel is involved in the dispute resolution?

Increased trade between the countries

Years to resolve

Immediate resolution

A new trade agreement