WorksheetsBULA2101-Week 9
Total questions: 8
Worksheet time: 7mins
What is the main function of the World Trade Organization (WTO)?
To ensure that trade flows smoothly, predictably and freely
To regulate international trade
To provide legal recognition of intellectual property
To negotiate trade rules
When was the World Trade Organization officially commenced?
1st January 1995
10th October 2022
1st January 2000
1st January 1990
How many countries are members of the WTO as of 10 October 2022?
164
123
150
200
What does the TRIPS Agreement focus on?
Trade-Related Aspects of Intellectual Property Rights
Trade-Related Aspects of International Law
Trade-Related Aspects of Economic Development
Trade-Related Aspects of Environmental Protection
What is the role of the TRIPS Council?
To administer and monitor the TRIPS Agreement
To negotiate trade agreements
To resolve trade disputes
To oversee the implementation of trade rules
What is the significance of the WTO's Dispute Settlement Understanding?
It ensures that trade flows smoothly
It provides legal recognition of IP
It regulates international trade
It negotiates trade rules
What is the main purpose of the Aid for Trade initiative?
To help developing economies build trade capacity
To negotiate trade agreements
To resolve trade disputes
To oversee WTO agreements
What is the DOK level of understanding the meaning of law of torts as opposed to law contract?
