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Author Question: The objective of the World Trade Organization is to: (Read 39 times)

burton19126

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Question 1

The General Agreement on Tariffs and Trade (GATT) required that a member nation grant all other members the same tariff advantage; this is referred to as:
◦ export preferential status.
◦ territorial competence.
◦ anti-dumping agreements.
◦ alternative dispute resolution.
◦ most favoured nation status.

Question 2

The objective of the World Trade Organization is to:
◦ reduce trade barriers and encourage the practice of dumping.
◦ reduce trade barriers, contribute to the process of globalization, and provide a dispute resolution process for member countries.
◦ promote regional trade agreements.
◦ promote trade barriers so as to protect domestic industries.
◦ promote the reduction of world agriculture prices.


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Marked as best answer by burton19126 on Aug 7, 2021

popopong

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burton19126

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review


JaynaD87

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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