Multiple choice questions on law.

1. The Bretton Woods Conference, formally known as the ------------------------------------

-----, held in Bretton Woods, New Hampshire, United States from July 1 to 22,

1944, in which 730 delegates from all 44 Allied nations participated.

1. United Nations Monetary and Financial Conference

2. United Nations Human Rights Conference

3. United Nations Conference on Sustainable Development

4. United Nations Conference on the World Financial and Economic Crisis and Its

Impact on Development.

2. In, ------------ the World Trade Organization, a formal international organization to

regulate trade, was established. It is the most important development in the history of

international trade law.

1. 1995

2. 1997

3. 1999

4. 2001

3. The purposes and structure of the organization is governed by the Agreement

Establishing the World Trade Organization, also known as the ----------------------------

-----------. It does not specify the actual rules that govern international trade in specific

areas.

1. Marrakesh Agreement.

2. General Agreement on Trade and Tariff

3. North American Free Trade Agreement.

4. The World Trade Organization Trade-Related Aspects of Intellectual Property Rights

(TRIPS)

4. -------------- ----------------------------is a basic principle of GATT/WTO that prohibits

discrimination between imported and domestically produced goods with respect to

internal taxation or other government regulation.

5

1. National treatment

2. Trade Embargo

3. Free Trade

4. Special and differential treatment

5. ---------- ---------------------------- ---- ensures that every time a WTO Member lowers

a trade barrier or opens up a market, it has to do so for the like goods or services from

all WTO Members, without regard of the Members' economic size or level of

development.

1. The Most Favoured Nation principles.

2. Cross Border Transactions

3. Principles of International Trade Laws

4. All of the Above.

6. The purpose of ------------------------------------- is to safeguard national financial interests

preventing capital flight, commercial fraud, and customs duty evasion, for instance and to

compensate for inadequacies in administrative infrastructures.

1. Pre- Shipment Inspection

2. Trade-Related Investment Measures (TRIMs) Agreement

3. Import Licensing

4. Valuation of Goods at Customs

7. The WTO secretariat, based in ---------------- has around 600 staff and is headed by a

Director-General.

1. Geneva,

2.Urugay,

3. London,

4. Venice,

8. The Agreement on the Application of Sanitary and Phytosanitary Measures sets out the basic rules

for -----------------------------------------------

6

1. protecting intellectual property rights

2. food safety and animal and plant health standards.

3. customized goods

4. settlement of disputes

9. --------------------------- is an international treaty of the World Trade Organization

1. Agreement on Agriculture (AoA)

2. Trade Related Aspects of Intellectual Property Rights

3. The United Nations Commission on International Trade Law (UNCITRAL)

4. Trans-Pacific Partnership Agreement

10. -----------------------is the central pillar of the multilateral trading system, and the WTO's

unique contribution to the stability of the global economy

1. Dispute settlement

2. Negotiation

3. Trade Restrictions

4. Parallel Imports