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Review

Review. True or false. 1. The WTO was established on Jan, 1 st , 1995. 2. The official language of the WTO is English, French and Germany. 3. The WTO is the only international organization dealing with the global rules of trade between nations. At its heart are the Uruguay agreements.

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Review

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  1. Review

  2. True or false • 1. The WTO was established on Jan, 1st, 1995. • 2. The official language of the WTO is English, French and Germany. • 3. The WTO is the only international organization dealing with the global rules of trade between nations. At its heart are the Uruguay agreements.

  3. 4. The GATT was a provisional set of rules but was the only multilateral instrument to enhance the world trade development. • 5. Chinese WTO-Acession documents are authentic in the Chinese language. • 6. The WTO makes decisions by consensus, but voting is forbidden. • 7. Schedules of Concession are preferential schedules which establish the ceiling bindings.

  4. 8. The WTO dispute settlement system is a government-to-government dispute settlement system for disputes concerning rights and obligations of WTO Members。 • 9. The AB can reexamine existing evidence or examine new evidence. • 10. Those periods for each stage of a dispute settlement procedure are target figures---the agreement is flexible.

  5. Multiple choice • 1. The main subject covered in eight round talks was _____. • a. tariffs b. anti-dumping c. non-tariff measures d. agriculture • 2. There are _____annexes under the WTO Agreement. • a. one b. two c. three d. four • 3. China’s successful accession to the WTO was in _____ Ministerial Conference. • a. Singapore b. Doha c. Cancun d. Seattle

  6. 4. General Council convenes to discharge the responsibilities of______ or _____. • a. DSB TPRB b. DSU TPRM c. AB TRIPs d. TRIPs Secretariat • 5. All WTO members may participate in all councils, committees, etc. including____. • a. the Appellate Body • b. Dispute Settlement panels • c. plurilateral committees • d. the DSB

  7. 6. Decisions on accession are taken by the Ministerial Conference, which shall be approved by a_____ majority of the Member of the WTO. • a. 1/3 b. 2/3 c. ¾ d. 2/5 • 7. ___ tariff is set as a percent of value of imported goods. • a. ad hoc b. ad valorem c. acta d. actio • 8. ____ is not one of the dispute settlement method. • a. consultations b. arbitration • c. coin toss d. adjudication

  8. 9. The rule of negative consensus does not apply in the _____ stage of dispute settlement . • a. panel establishment • b. adoption of reports • c. authorization of retaliation • d. composition of AB

  9. 10. A typical dispute can be settled through _____. • a. consultation—panel—appeal—implementation • b. consultation—appeal—panel—implementation • c. mediation---panel---retaliation---appeal • d. mediation---retaliation---appeal--panel

  10. Translation • 1.部长级会议 • 2.关税与贸易总协定 • 3.政府采购 • 4.与贸易有关的知识产权理事会 • 5.最惠国待遇 • 6.斡旋,调解,调停 • 7.反驳 • 8.中期报告

  11. Questions • 1. What are the differences between GATT and WTO? • 2. What do the MFN treatment obligation and the national treatment obligation have in common? In what do they differ? • 3. What are the most significant changes made to the GATT dispute settlement system by the DSU? • 4. Describe the basic procedures of a typical dispute settlement.

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