The WTO (under the GATT agreement) provides that nations may
Enter into regional trade agreements as long as they:

Question

Quizplus · Accepted Answer

The WTO (under the GATT agreement) allows nations to enter into regional trade agreements as long as they do not jointly increase tariffs against outside countries. This is known as the non-discrimination principle, which states that any advantage granted to one country in a trade agreement must be extended to all other WTO members. Therefore, option C is the correct choice. Options A, B, and D are incorrect because the WTO does not limit regional trade agreements to one, requires that provisions be extended to all WTO members, or mandate that smaller nations be included in regional trade agreements.

The WTO (Under the GATT Agreement) Provides That Nations May