WTO Needs 21st Century Rulebook: Okonjo-Iaweala
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges currently facing the WTO?
Overabundance of resources
Excessive trade agreements
Need to update its rulebook
Lack of member countries
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for the WTO to update its rulebook for the 21st century?
To reduce the number of trade partners
To address new economic developments like e-commerce
To eliminate digital trade
To focus solely on traditional industries
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a key area that needs to be included in the updated WTO rulebook?
Automobile manufacturing
Agricultural trade
Digital economy
Textile industry
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason for the stalemate in the WTO's dispute settlement system?
Lack of interest from member countries
United States' concerns about the appellate body's rulings
Excessive funding for the system
Too many disputes being resolved
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What issue does the United States have with the WTO's appellate body?
It operates too quickly
It overreaches its mandate
It is too lenient
It focuses only on European countries
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