Which of the following is true of the Uruguay Round of the WTO?
A) It promoted short-term global trade growth.
B) It increased the world's merchandise tariffs by 50 percent.
C) It reduced the influence of the WTO in agriculture.
D) It toughened the international protection of intellectual property.
E) It consisted of discussions that lasted for two years.

Question

Quizplus · Accepted Answer

The Uruguay Round of the WTO toughened the international protection of intellectual property, hence option D is correct. Option A is incorrect as the Uruguay Round was meant for promoting long-term global trade growth. Option B is incorrect as the Uruguay Round aimed to reduce the world's merchandise tariffs. Option C is incorrect as it increased the influence of the WTO in agriculture. Option E is incorrect as the discussions for the Uruguay Round lasted for more than 7 years.

Which of the Following Is True of the Uruguay Round