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31. The World Trade Organization was created in the eighth

Question : 31. The World Trade Organization was created in the eighth : 1401813

 

 

31. The World Trade Organization was created in the eighth round of the GATT talks –

called the ________________________ that lasted from 1986 to 1994.

 

a. Brussels Round

b. Paris Round

c. Morocco Round

d. Paraguay Round

e. none of the above

 

 

32. The World Trade Organization (WTO) was created in the _____________ of GATT

talks---called the Uruguay Round.

 

a.  fifth round

b.  sixth round

c.  seventh round

d.  eighth round

e.  ninth round

 

 

33. Perhaps the most important accomplishment of the latest GATT round was the

establishment of:

 

a.  the World Trade Organization (WTO).

b.  the Asian Development Bank.

c.  the World Bank.

d.  the International Monetary Fund (IMF).

e.  the International Finance Corp. (IFC).

 

 

34. The World Trade Organization (WTO) took effect on:

 

a.  January 1, 1994

b.  January 1, 1995

c.  January 1, 1996

d.  January 1, 1997

e.  January 1, 1998

 

 

35. As of February 28, 2009, the World Trade Organization (WTO) has _________

member countries.

 

a.  123

b.  135

c.  142

d.  153

e.  160

 

 

36. The World Trade Organization’s (WTO) ninth round of trade talks which were

launched in November 2001 is called:

 

a.  the Doha Round.

b.  the Seattle Round.

c.  the Geneva Round

d.  the New York Round.

e.  the London Round.

 

 

37. Doha’s Development Agenda (Doha Round) includes new trade talks—an actions

program to resolve developing countries’ complaints about the implementation of

Uruguay Round agreements, and an accord on ____________________________.

 

a.   Trade Related Aspects of Intellectual Property Rights

b.   Services Related Aspects of Intellectual Property Rights

c.   Regional Related Aspects of Intellectual Property Rights

d.Local Related Aspects of Intellectual Property Rights

e.   National Related Aspects of Intellectual Property Rights

 

 

38. One of the differences between WTO and GATT is that WTO’s dispute settlement

mechanism is:

 

a.  inferior.

b.  faster and more automatic.

c.  very limited.

d.  controlled by the World Bank.

e.  controlled by the negotiation section of the United Nations.

 

 

 

 

39. In December 1999, WTO launched what would have become the beginning of a

___________ round of negotiations inaugurated in Seattle, Washington.

 

a.  fifth

b.  sixth

c.  seventh

d.  eighth

e.  ninth

 

 

 

40. The WTO Work Program on _____________________ is in the process of defining

the trade-related aspects of ___________________ that would fall under the

parameters of WTO mandates.

 

a.  business commerce

b.  electronic commerce

c.  equity commerce

d.  network commerce

e.  network commerce

 

 

 

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