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International Trade Law UNJA

Total questions: 15

Worksheet time: 4mins

Name
Class
Date
1.

Where is the headquarters of the WTO located?

a)

New York

b)

Prague

c)

Geneva

d)

Basel

2.

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

a)

To improve the balance of payment situation of the member countries

b)

To protect environment

c)

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

d)

To enlarge production and trade of goods

3.

What is GATT?

a)
  1. Political and economic union

b)
  1. Regional intergovernmental organization

c)
  1. A legal agreement between many countries

d)

A pact eliminating most trade barriers between Companies

4.

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

a)

To promote fair trade practices

b)

To provide financial aid to developing countries

c)

To resolve trade disputes between member countries

d)

To monitor environmental regulations

5.

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

a)

Uruguay Round

b)

Doha Round

c)

Seattle Round

d)

Cancun Round

6.

Consultation, (a)   , Appellate Body

7.

Trade-Related Aspects of Intellectual (a)   Rights

8.

Special and (a)   Treatment provisions abbreviated as S&D or SDT

9.

The Dispute (a)   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.

10.

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

11.

Which country is the newest member of the World Trade Organization?

a)
  1. Pakistan

b)
  1. Afghanistan

c)

Comoros

d)

Timor-Leste

12.

When did General Agreement on Tariffs and Trade replace the World Trade Organization?

a)

1947

b)

1988

c)

1995

d)

2000

13.

Which of the following is not related to World Trade Organization?

a)

The Committee Trade and Environment

b)
  1. Dispute Settlement Body

c)
  1. Council of Trade in goods

d)

the Multilateral Investment Guarantee Agency

14.

The topmost decision-making body of the WTO is the (a)   Conference, which usually meets every two years.

15.

The General (a)   is the WTO’s highest-level decision-making body in Geneva, meeting regularly to carry out the functions of the WTO.