The impact of the EU on the WTO could be said to be negative, since:
A) a country could belong to only one of these organizations.
B) the favored trade relationships among EU members are not extended to nonmember countries, so the EU undercuts the WTO.
C) the euro threatens other hard currencies supported by the WTO, such as the dollar and the yen.
D) the WTO does not collect dues from EU member-nations.
Correct Answer:
Verified
Q51: The Doha Development Agenda is:
A) a WTO
Q52: Is the WTO's idea of "fair competition"
Q53: NAFTA maintains restrictions on the movement of
Q54: The EU's impact on international business is:
A)
Q55: The EU began as a common market
Q57: The IMF initially played a central role
Q58: The WTO has made progress on trade-related
Q59: Regional trade agreements such as NAFTA can
Q60: The Treaty of Rome, signed in 1957,
Q61: The UN's International Court of Justice (ICJ)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents