International Economics-WTO and Regional Trade Blocks [GATE (Graduate Aptitude Test in Engineering) Economics]: Questions 1 - 5 of 18

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Question 1

WTO and Regional Trade Blocks
Trade Policy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Regarding M. F. N. (Most Favoured Nation) clause, find out the correct statement: (December)

Choices

Choice (4)Response

a.

The conditional M. F. N. clause confers significant rights on the contracting party.

b.

It guarantees only equal treatment.

c.

It guarantees special privilege to the contracting parties.

d.

The unconditional M. F. N. clause seems to be more equitable than the conditional one.

Question 2

WTO and Regional Trade Blocks
Trade Policy Issues

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

In the terminology of WTO, which among the following is not an amber box subsidy?

Choices

Choice (4)Response

a.

Cost of government pest control and management

b.

Minimum support price of cereals

c.

Subsidy on seeds

d.

Subsidy on irrigation rates

Question 3

WTO and Regional Trade Blocks
Trade Policy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Which of the following issues did the Uruguay Round not address? (September)

Choices

Choice (4)Response

a.

Intellectual Property Rights

b.

Tariff

c.

Migration

d.

Services

Question 4

WTO and Regional Trade Blocks
Trade Policy Issues

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

Intellectual property rights regime is managed by: (June)

Choices

Choice (4)Response

a.

IMF

b.

SAARC

c.

W. T. O

d.

European union

Question 5

WTO and Regional Trade Blocks
Trade Policy Issues

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

Consider the following statements:

  1. India՚s Trade Policy Review is carried out every four years
  2. WTO has a mechanism for regular review of the trade policies of the member countries

Which of the following statement (s) is/are correct? (December)

Choices

Choice (4)Response

a.

Only (2)

b.

Only (1)

c.

(1) and (2)

d.

Neither (1) and (2)

Developed by: