Tariff Management 7 Top 1-2

The main reason of the World Trade Organization (WTO) in conducting meetings and negotiations between nations at a global or near-global level is to have standard and set rules on this field.

• Arts

• Economy

• Financial

• Trade

The bulk of the WTO’s current work comes from year 1986 to 1994 negotiations and earlier negotiations under the General Agreement on Tariffs and Trade (GATT). This is under what round of talks?

• Annecy

• Geneva

• Torquay

• Uruguay

The signing of the GATT in 1947 provided rules for world trade to handle trade of international economic cooperation. What is the initial objective?

• To create an International Trade Organization

• To organize different countries

• To build a strong partnership

• To improve the way of trade

The Doha Development Agenda launched at the fourth WTO Ministerial Conference in Doha, Qatar, in November 2001 that also includes this agenda.

• Agriculture and services

• Intellectual property and services

• Agriculture and intellectual property

• Services and tariff

This round of talk created new rules to deal with trade in services, intellectual property, and new procedures for dispute settlement.

• Annecy (1949)

• Geneva (1956)

• Torquay (1950-51)

• Uruguay Round (1986-1994)

This is the  new rule for market access in agricultural products due to some agricultural import restrictions thru quotas and other non-tariff measures.

• Quota

• Reduction

• Restriction

• Tariff only

A set of procedures for settling disputes prescribed as special treatment for developing countries to require governments  make their trade policies transparent.

• WTO’s agreements

• WTO’s proposals

• WTO’s signatures

• WTO’s trade rules

This agreement was entered into force in 2017 to provide poor countries access to affordable medicines.

• WTO’s Anti-dumping

• WTO’s Intellectual Property Agreement

• WTO’s Safeguard

• WTO’s Trade in Services

A government protection to creators in preventing others from using their inventions, designs or other creations and to use that right to negotiate payment in return for others using them.

• Anti-dumping

• Intellectual Property Rights

• Safeguard

• Trade in services

A kind of subsidy where  the complaining country has to show that it has an adverse effect on their own market.

• Actionable subsidies

• Government subsidies

• Prohibited subsidies

• Red subsidies