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WorksheetsTariff Management 7 Top 1-2
Total questions: 20
Worksheet time: 10mins
The main reason of the World Trade Organization (WTO) in conducting meetings and negotiations between nations at a global or near-global level is to have standard and set rules on this field.
Arts
Economy
Financial
Trade
The bulk of the WTO’s current work comes from year 1986 to 1994 negotiations and earlier negotiations under the General Agreement on Tariffs and Trade (GATT). This is under what round of talks?
Annecy
Geneva
Torquay
Uruguay
The signing of the GATT in 1947 provided rules for world trade to handle trade of international economic cooperation. What is the initial objective?
To create an International Trade Organization
To organize different countries
To build a strong partnership
To improve the way of trade
The Doha Development Agenda launched at the fourth WTO Ministerial Conference in Doha, Qatar, in November 2001 that also includes this agenda.
Agriculture and services
Intellectual property and services
Agriculture and intellectual property
Services and tariff
This round of talk created new rules to deal with trade in services, intellectual property, and new procedures for dispute settlement.
Annecy (1949)
Geneva (1956)
Torquay (1950-51)
Uruguay Round (1986-1994)
This is the new rule for market access in agricultural products due to some agricultural import restrictions thru quotas and other non-tariff measures.
Quota
Reduction
Restriction
Tariff only
A set of procedures for settling disputes prescribed as special treatment for developing countries to require governments make their trade policies transparent.
WTO’s agreements
WTO’s proposals
WTO’s signatures
WTO’s trade rules
This agreement was entered into force in 2017 to provide poor countries access to affordable medicines.
WTO’s Anti-dumping
WTO’s Intellectual Property Agreement
WTO’s Safeguard
WTO’s Trade in Services
A government protection to creators in preventing others from using their inventions, designs or other creations and to use that right to negotiate payment in return for others using them.
Anti-dumping
Intellectual Property Rights
Safeguard
Trade in services
A kind of subsidy where the complaining country has to show that it has an adverse effect on their own market.
Actionable subsidies
Government subsidies
Prohibited subsidies
Red subsidies
It plays an important role in developing countries and in the transformation of centrally-planned economies to market economies by providing assistance to their own people.
Anti-dumping
General Agreements in Trade and Services
Subsidies
Trade Related Aspects of Intellectual Property Rights
It is the only international agreement that describes intellectual property rights enforcement in detail, including rules for obtaining evidence, provisional measures, injunctions, damages and other penalties.
Most Favored nations
The GATS agreement
The TRIPS agreement
Trade Remedy Measures
It is a subsidy that requires recipients to meet certain export targets to use domestic goods, it became prohibited because it is designed to distort international trade and hurt other countries’ trade.
Actionable subsidies
Government subsidies
Prohibited Subsidies
Red subsidies
It is an organization that deals with the rules of trade between nations at a global or near-global level.
APEC
ASEAN
WTO
GATT
These are number of agreements deal with various bureaucratic or legal issues that could involve hindrances to trade. This are rules for the valuation of goods at customs pre-shipment inspection rules of origin investment measures.
Import Licensing
Marking requirements
Non-tariff barriers
Tariff barriers
It is a calculations on the support made on agricultural sector on domestic policies that do have a direct effect on production and trade have to be cut back.
Between nations support
Bilateral Agreement
Most Favored Nation Clause
Total Aggregate measurement support
It is a sign or a combination of signs used to distinguish the goods or services of one enterprise from another.
Patent
Copyrights
Logo
Trademark
It is the margin of dumping where anti-dumping investigations ended immediately in cases where the authorities determine that this margin of dumping is insignificantly small.
2%
3%
4%
5%
The company exports a product at a price lower than the price it normally charges on its own home market.
Dumping
Countervailing
Safeguard
Quota
It is a subsidy existed for five years applicable to agricultural goods as well as industrial products except when this subsidies are exempted under the agriculture peace clause agreement due to its expiration.
Actionable Subsidies
Non-Actionable Subsidies
Government Subsidies
Red Subsidies
