Unlike the GATT system, in the WTO dispute settlement process, the findings of the panel
a. are only recommendations that are not legally enforceable.
b. can be overturned only by a unanimous vote.
c. can be rejected by the accused party.
d. can be vetoed by a single vote.
b. can be overturned only by a unanimous vote
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According to Okun's Law, when the natural employment rate is 6 percent and potential GDP is $10 trillion, then when actual employment is 7 percent, real GDP is
A) $9.9 trillion. B) $8 trillion. C) $10.1 trillion. D) $9.8 trillion. E) $10.2 trillion.
Women in the workplace seem to be narrowing the wage gap with males. What might be the cause of this shift during the past 25 years?
When you choose the best action for each situation
a. situational leadership b. participative leadership c. autocratic leadership d. laissez faire leadership
All of the following are reasons countries may be unable to use discriminatory trade practices to enforce labor standards EXCEPT
A) in order to be effective a coalition of countries must join together to impose them. B) countries can never impose trade barriers on other sovereign nations. C) the WTO requires nations to treat other nations the same. D) a single country may be unsuccessful in convincing members of its trading block to participate in imposing the sanctions. E) retaliation or a full blown trade war might result.