ITEL: Introduction - Statistics

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Hint Answer % Correct
When was the WTO founded? 1995
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Aid developing nations
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Two main ways of 'agreement' in investment law Bilateral Investment Treaty (BIT)
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What are the first two referred to as? Bretton Woods Institutions
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What was Adam Smith's theory Comparative production
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What does GATT stand for General Agreement on Tariffs and Trade
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What are the two main ways to trade in? Goods
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Handle disputes
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International Monetary Fund
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Protection for foreign investors Investor-State Dispute Settlement (ISDS)
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Monitor national trade policies
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Functions of WTO Negotiation forum
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Name for the approach of states prioritising their self-interests Protectionism
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Main ways to do so? Quantative restrictions
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Services
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Tariff
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Treaties with Investment Provisions (TIP)
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Three institutions World Bank
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World Trade Organisation
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