At the Doha Round of the WTO in late 2001,
A)the WTO was established.
B)GATT was extended to include services.
C)world trade volume increased.
D)an agenda was established to phase out subsidies to agricultural producers.

Question

Quizplus · Accepted Answer

At the Doha Round of the WTO, an agenda was established to phase out subsidies to agricultural producers. This was a significant development for the agricultural sector, as subsidies often distort international trade and create unfair advantages for certain countries. Although progress on this agenda has been slow, it remains an important issue in global trade negotiations. The other options are incorrect: A) the WTO was actually established in 1995, not at the Doha Round; B) GATT had already been extended to include services in the Uruguay Round of trade negotiations; and C) while trade volume may have increased during the Doha Round, it was not a key outcome of the negotiations.

At the Doha Round of the WTO in Late 2001