Asked by Paola Diogene on Jul 11, 2024
Verified
The WTO advocates the use of boycotts,quotas,and quantitative limits.
Boycotts
Organized refusal to buy, use, or participate in something as a form of protest or a means of coercion.
Quotas
Preset limits or targets on the quantity of specific goods that can be imported or exported within a certain time frame to regulate trade.
- Comprehend the basic principles and applications of worldwide trade and the procedures for dispute resolution, with a focus on entities like the WTO and CISG.
Verified Answer
SE
Shaun EdwardsJul 14, 2024
Final Answer :
False
Explanation :
The WTO actually advocates against the use of boycotts, quotas, and quantitative limits. Its goal is to promote free trade and reduce barriers to international trade.
Learning Objectives
- Comprehend the basic principles and applications of worldwide trade and the procedures for dispute resolution, with a focus on entities like the WTO and CISG.