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International Economic Law

This quiz will test your knowledge of International Economic Law.

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

What is the primary objective of the World Trade Organization (WTO)?

  1. To promote free trade among member countries
  2. To regulate international trade in goods and services
  3. To protect the intellectual property rights of member countries
  4. To promote economic development in developing countries
Question 2 Multiple Choice (Single Answer)

Which of the following is not a principle of the WTO?

  1. Most-favored-nation treatment
  2. National treatment
  3. Reciprocity
  4. Non-discrimination
Question 3 Multiple Choice (Single Answer)

What is the purpose of the General Agreement on Tariffs and Trade (GATT)?

  1. To reduce tariffs and other trade barriers
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 4 Multiple Choice (Single Answer)

What is the difference between a tariff and a non-tariff barrier?

  1. A tariff is a tax on imported goods, while a non-tariff barrier is a regulation that restricts trade
  2. A tariff is a tax on exported goods, while a non-tariff barrier is a regulation that promotes trade
  3. A tariff is a tax on both imported and exported goods, while a non-tariff barrier is a regulation that restricts trade
  4. A tariff is a tax on both imported and exported goods, while a non-tariff barrier is a regulation that promotes trade
Question 5 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)?

  1. To protect intellectual property rights in member countries
  2. To promote the transfer of technology to developing countries
  3. To reduce tariffs on intellectual property products
  4. To promote economic development in developing countries
Question 6 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Agriculture?

  1. To reduce subsidies and other trade-distorting measures in agriculture
  2. To promote fair trade practices in agriculture
  3. To protect intellectual property rights in agriculture
  4. To promote economic development in developing countries
Question 7 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Textiles and Clothing?

  1. To eliminate quotas and other restrictions on textiles and clothing trade
  2. To promote fair trade practices in textiles and clothing
  3. To protect intellectual property rights in textiles and clothing
  4. To promote economic development in developing countries
Question 8 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Technical Barriers to Trade (TBT)?

  1. To reduce technical barriers to trade
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 9 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Sanitary and Phytosanitary Measures (SPS)?

  1. To reduce sanitary and phytosanitary barriers to trade
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 10 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Trade in Services (GATS)?

  1. To reduce barriers to trade in services
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 11 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Trade-Related Investment Measures (TRIMs)?

  1. To reduce trade-related investment measures that are inconsistent with the WTO Agreement
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 12 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Subsidies and Countervailing Measures (SCM)?

  1. To reduce subsidies and countervailing measures that are inconsistent with the WTO Agreement
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 13 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Anti-Dumping Measures?

  1. To reduce anti-dumping measures that are inconsistent with the WTO Agreement
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 14 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Safeguards?

  1. To reduce safeguards that are inconsistent with the WTO Agreement
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
Question 15 Multiple Choice (Single Answer)

What is the purpose of the Agreement on Rules of Origin?

  1. To reduce rules of origin that are inconsistent with the WTO Agreement
  2. To promote fair trade practices
  3. To protect intellectual property rights
  4. To promote economic development in developing countries
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