Kindly help with answers to the following questions.

1) When a nation that belongs to WTO imposes a tariff or quota on imported products, it is supposed to do so within the guidelines established by GATT. If it does not do so within GATT's guidelines:

Select one:

a. the offending nation may end up in the World Court being sued for breach of its GATT contract.

b. the offending nation may suffer military retaliation by the other GATT members

c. the offending nation may suffer military retaliation by the other GATT members

Question text

2) All of the following are basic principles of GATT except

Select one:

a. elimination of import quotas.

b. commitment to normal trade relations

c. non-reciprocal tariff increases

3) Under the WTO's dispute-settlement procedures, who can bring a complaint for nullification and impairment?

Select one:

a. A government

b. A group of corporations within an industry

c. A corporation

Question text

4) Which of the following statements regarding technical barriers to trade is false?

Select one:

a. Japanese technical regulations and standards are readily available to importers and exporters

b. Japan and the United States have had a long history of disputes over Japanese technical barriers to trade.

c. Most standard setting in the European Union takes place through the European Committee for Standardization

5) The majority of the gross domestic product in the U.S. is produced by:

Select one:

a. service industries.

b. manufacturing industries

c. trade in services