Which of the following was a result of the Uruguay Round of global WTO trade talks?
A) It increased the world's remaining merchandise tariffs by 30 percent.
B) It minimized the international protection of copyrights, patents, and trademarks.
C) It extended the WTO to cover trade in agriculture and a wide range of services.
D) It established NATO for purposes of collective security.
E) It established the EU to reduce trade barriers and increase cooperation among its members.

Question

Quizplus · Accepted Answer

The Uruguay Round extended the coverage of the WTO to include trade in agriculture and a broad range of services, such as telecommunications and financial services. This helped to increase global trade and reduce barriers to entry in various industries.

The other answer choices are incorrect. The Uruguay Round did not increase tariffs, minimize international protection of intellectual property rights, establish NATO, or establish the EU (which existed prior to the Uruguay Round).

Which of the Following Was a Result of the Uruguay