CASE STUDIES
HISTORY
ROLES and Functions
100

What were the Three Case Studies That Were Mentioned in the Talk Show

India V. USA

Aus V. Hungary

USA V. Japan

100

What was the previous establishment to the WTO?

GATT
100

Name the Four Roles of the WTO

Progressive Opening and Regulation of Markets, Orchestra Conductor, Monitor and Trainer and DISPUTE MANAGER

200

Who was the Complainant in the USA v. Japan case.

USA 

200

What does GATT Stand for?

General Agreement of Tarrifs and Trade

200

Explain the Orchestra Conductor Role?

  • The WTO goes about as the symphony director, it are regarded to guarantee that standards. The WTO was established in 1995, yet its starting points date back to 1947 and the formation of the GATT. 
  • From that point forward, WTO individuals have adjusted these standards to stay aware of new turns of events. 
  • For instance, administrations have grown significantly since the 1980s, and have now become perhaps the main monetary area. Thus, WTO individuals laid out rules overseeing worldwide exchange administrations. 
  • Adjusting or changing the standards of global exchange implies arriving at agreement among WTO individuals through a series of arrangements. 
300

What was the USA v. Japan Case about?

The complainants claimed that spirits exported to Japan were discriminated against under the Japanese liquor tax system which, in their view, levies a substantially lower tax on “shochu” than on whisky, cognac and white spirits.

300

After the culmination of which event, was the WTO officially established?

The Uruguay Round (1986-94) of multilateral exchange arrangements.

300

State THREE Functions of the WTO

administering trade agreements, acting as a forum for trade, negotiations settling trade disputes, reviewing national trade policies, building the trade capacity of developing economies, cooperating with other international organizations (ANY OF THESE)

400

On what date was the India V. USA Case resolved?

April 24, 1996

400

What date was the WTO OFFICIALLY established?

 January 1, 1995

400

What is the name of our Talk Show!

The Econ Talk!

500

In the India V. USA Case, when was the panel in the DSB meeting established?

April 17, 1996

500

Which of the Five Delegates Present in our Talk show joined the WTO on January 1, 1995? HINT: ITS FOUR OF THEM

Australia, India, Belgium, France

500

Will Miss Give Us 100% for this Project :)

(YES/NO) LOL YES

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