Question

As pointed out in class, a current problem for the WTO is that:

Group of answer choices

Its most recent negotiating round (Doha) failed.

The Trump administration has been blocking the appointment of new judges.

Both A and B.

None of the above.

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Question 531 pts

According to the lecture material on the U.S.-China trade war:

Group of answer choices

China has gained a dominant role as a supplier of goods across the world.

China provides heavy government support to its exporting firms.

Chinese policy has resulted in the widespread piracy of foreign technology.

All of the above.

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Question 541 pts

As described in the lecture, the trade war between the U.S. and China

Group of answer choices

Is now completely over

Is currently escalating

Is expected to lead to military confrontation

Was decisively "won" by China

Answer 1

1. (C) Both A and B

In case of World Trade Organisation (WTO), a minimum number of judges are required to hear the cases that are filed by various international institutions. But since a long time, appointment of new judges are being blocked by the Unites States, majorly after Donald Trump became the President. The rule says that for appointment of new judges, all 5 permanent members of the UN Security Council should give consent and that is the main problem.

Also, the Doha round of negotiations of the WTO to lower trade barrier around the world has been failed as of 2014 since member countries couldn't reach into an agreement.

2. Answer : (d) All of the above

Over the years, China has became a major exporting giant in the world and it's advanced cheaply produced goods are being exported to all over the globe.One of the main reasons for this is the major support by the Chinese government for exporting firms as it has been the major revenue source for the country. It's highly mechanised production of low cost goods has began to spread piracy of foreign technology towards the other ends of the globe.

3. Answer : (b) is currently escalating

The trade war between US and China is currently escalating since 2018, more specifically after Donald Trump became the President. US has imposed duties on goods exported from China and China has retaliated by imposing tarrifs on US imports and since bother the economies are major global powers, the trade war is affecting all countries in the world.