What is the principal reason that service trade receives low priority at WTO meetings?
A) Controlling service trade is difficult.
B) Governments are more concerned with trade in manufactured products.
C) Service trade is an insignificant factor in international trade.
D) Tariffs cannot be applied to services.

Question

Quizplus · Accepted Answer

Governments are more concerned with trade in manufactured products, which tends to have a greater impact on their economies and employment rates. Service trade, while important, is often considered a secondary concern. Additionally, controlling service trade can be more difficult, as services are often intangible and difficult to measure, making it more challenging to create and enforce regulations.

What Is the Principal Reason That Service Trade Receives Low