The GATT 1994 established rules for regulating trade in goods and services and creation of the WTO.
Correct Answer:
Verified
Q22: In order to convene a WTO panel,the
Q23: Tariffication is the process in which quotes,licensing
Q24: WTO DSU reports carry precedential value for
Q25: Tariffs are computed:
I.As a percentage of value
Q26: While WTO reports carry no weight as
Q28: According to GATT,quotas are considered acceptable devises
Q29: For the most part,trade in textiles and
Q30: One of the primary objectives of GATT
Q31: Due to GATT's prohibition of quotas,a nation
Q32: Each nation has the right to impose
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