In what way can the World Trade Organization (WTO) penalize member countries that are found to be engaged in unfair trade practices?
What will be an ideal response?
the WTO panel can issue a ruling instructing a member state to change trade policies that violate GATT regulations, and if the policies are not changed, allow other states to impose sanctions
You might also like to view...
At the sales presentation for EFTPS (a type of software for making the payment of all federal taxes secure, easy, and fast), it would be most logical for which member of the sales staff to demonstrate how payments can be set up twelve months in
advance and how easy it is to view payment history? A) the order taker B) the missionary salesperson C) the technical specialist D) the relationship manager E) the reactive salesperson
Which of the following factors constrains a firm's ability to sell a standardized product to a global market using a standardized marketing strategy?
A. Modern transportation B. Modern communications technologies C. Rise of the global media phenomenon D. Development of a global culture E. Differences in product and technical standards