GATS requires its member states to ensure that their domestic regulations affecting trade in services are administered in a reasonable, objective, and impartial manner and as soon as the ________ adopts harmonizing guidelines in these areas, it will require them to bring their practices into compliance with those guidelines.

Question

Quizplus · Accepted Answer

The question is referring to the General Agreement on Trade in Services (GATS) and its requirement for member states to administer domestic regulations affecting trade in services in a reasonable, objective, and impartial manner. The body responsible for overseeing the implementation of GATS is the Council on Trade in Services, so choice (C) is the best answer. The Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) is responsible for overseeing the implementation of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which is a separate agreement from GATS. The Trade Negotiations Committee (TNC) is responsible for overseeing the negotiations of new trade agreements, including GATS, but not for implementing them. The Council for Trade in Goods is responsible for overseeing the implementation of the General Agreement on Tariffs and Trade (GATT).

GATS Requires Its Member States to Ensure That Their Domestic