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TARIFF MANAGEMENT 7 QUIZ 2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The General Agreement on Trade in Services (GATS) entered into force in January 1995 as a result of the Uruguay Round negotiations to provide for the extension of the multilateral trading system to services

a)

TRUE

b)

FALSE

2.

The General Agreement on Trade and Services  main text containing general obligations and disciplines containing provisions on specific sectors; and individual members' specific commitments to provide guarantees of access to their markets and non-discriminatory treatment

a)

TRUE

b)

FALSE

3.

The WTO’s Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) was negotiated during the Uruguay Round. It  contained  intellectual property rules into the multilateral trading system for the first time.

a)

TRUE

b)

FALSE

4.

Agreement on telecommunications under the world trade negotiations was approved in year 1997.

a)

TRUE

b)

FALSE

5.

The 10th Ministerial Conference in Nairobi abolished agricultural export subsidies to fulfill the United Nation sustainable development goal on “Zero hunger”.

a)

TRUE

b)

FALSE

6.

Services represent the fastest growing sector of the global economy and account for over two thirds of global output and nearly 20%  of global trade., services account for approximately 30% of world trade.

a)

TRUE

b)

FALSE

7.

The only services excluded from the scope of the GATS are services provided under governmental authority and sea transport services.

a)

TRUE

b)

FALSE

8.

The exceptional growth had been observed when WTO started to roll out.

a)

TRUE

b)

FALSE

9.

The Doha Development Agenda, launched at the 5th WTO Ministerial Conference in Doha, Qatar, in November 2001.

a)

TRUE

b)

FALSE

10.

A revised government procurement agreement was adopted at the WTO’s 7th Ministerial Conference that expanded the coverage of the original agreement.

a)

TRUE

b)

FALSE