Which of the following is true of the General Agreement on Trade in Services (GATS)?
A)It eliminated the focus of WTO from the goods sector.
B)It introduced service guidelines favoring the developing nations.
C)It sought to reduce the movement of high-end professional services.
D)It sought to reduce the barriers to trade in services.
E)It sought to categorize services and impose tariffs accordingly.

Question

Quizplus · Accepted Answer

GATS was established to reduce barriers to trade in services, expanding the scope of international trade regulations beyond goods to include services, thereby facilitating greater global economic integration in the service sectors.

Which of the Following Is True of the General Agreement