1. Which of the following statements is correct?

a) Under the national treatment rule, once a good or a service is legally present in a country, it must receive the same treatment as a domestic good or service.

b) The most-favoured-nation rule requires that tariffs be applied equally to all member countries without exception.

c) None of the other statements is correct.

d) The concept of bound tariffs is a cornerstone for the world trading system and was first applied after the WTO was formed in 1995.

e) All of the other statements are correct.

2. The chief rule-making body of the WTO is the Dispute Settlement Body.

a) True

b) False

3. Which of the following statements is correct?

a) The General Agreement on Trade in Services (GATS) has as its goal the liberalization of international trade in services.

b) Under GATS, the definition of services includes services provided under government authority and without a commercial purpose.

c) The GATS rules present no challenge to Canadian policy-makers in the areas of health or education, as our market in these fields is already fully open to the commercial sector.

d) All of the other are correct.

e) Only (a) and (b) are correct.

4. The rules of the GATT are of no importance to us today, as these rules have been completely changed by its successor organization, the WTO.

a) True

b) False

5. Which of the following statements is correct?

a) Rules of origin are used to define where a product is made.

b) The origins of a good will determine whether it qualifies for MFN or other preferential treatment.

c) There is at present no agreement among WTO members to provide for common or harmonized rules of origin.

d) All of the above are correct.

e) Only (a) and (b) are correct.