
TARL07B
Authored by Kyla Mae
Other
University
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42 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The WTO was instituted on ___________ after the long and intense Uruguay Round of Negotiations. The Philippines is one of the founding members of the WTO, alongside several AMS. namely, Brunei Darussalam, Indonesia, Malaysia, Myanmar, Singapore, and Thailand.
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The only global international organization dealing with the rules of trade between nations rattled in their the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
GATT developed rules for the Multilateral Trading System (MTS) through ______ rounds of trade negotiations. In the early years, the GATT trade rounds focused on reducing tariffs.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are the main objectives of the WTO, except for one:
To ensure a large and steadily growing volume of real income and effective demand
To expand the production of and trade in goods and services while allowing for the optimal use of the world resources in accordance with the objective of sustainable development
To make positive efforts to ensure that developing countries and especially the least developed among them, secure a share in the growth in international trade commensurate with their economic development
To make recommendations to ensure the uniform interpretation and application of the Convention
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A fundamental principle of the WTO wherein its members need to know trade rules around the world, and that trade measures will not be raised/introduced arbitrary (predictability).
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A Law that was passed by the Philippine Government as its commitments under the WTO that modified the nomenclature and MN duties on certain IT products to implement Philippine Tariff commitments under its ITA Expansion Schedule.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A Law that was passed by the Philippine Government as its commitments under the WTO that modified the nomenclature and MN duties on certain IT products to implement Philippine Tariff commitments under the ITA.
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