GENERAL KNOWLEDGE

GK

WORLD ORGANISATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which WTO principles Vietnam violates when giving FTA partners special tariff treatment?
A
Trade without discrimination (national treatment)
B
Freer trade, gradually, through negotiation
C
Trade without discrimination (most-favoured nation)
D
No principles have been violated
Explanation: 

Detailed explanation-1: -They are meant to help international standards work better for global trade. They are widely followed by standards bodies seeking international relevance; they cover: transparency, openness, impartiality and consensus, effectiveness and relevance, coherence, and the development dimension.

Detailed explanation-2: -The fundamental principles of trade facilitation are transparency, simplification, harmonization, and standardization.

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