Assertion (A): The WTO covers trade in services as well as goods.
Reason (R): GATT, which the WTO replaced, was set up in 1995.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

A is true: the WTO's agreements go beyond goods.
GATT dates from 1948; the WTO from 1995. R is false.

Concept: WTO
Typical timeTypical: 100 s
Your timeYours: —

The rule this testsGlobalisation, outsourcing and the WTO

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Assertion (A): The WTO covers trade in services as well as goods.Reason (R): GATT, which the WTO replaced, was set up in 1995.

Explanation

Assertion (A): The WTO covers trade in services as well as goods.
Reason (R): GATT, which the WTO replaced, was set up in 1995.