Questions: Assignments: Fall 2024 MGM Question Mode: Multiple Sele Multiple Select Question Select all that apply What are the four issues considered a priority on the WTO agenda? high level of protectionism in agriculture the effects of global warming on trade lack of strong protection of intellectual property antidumping policies increasing income inequality in many countries high tariff rates on goods and services

The issues considered a priority on the WTO agenda are:

1. High level of protectionism in agriculture: The WTO often addresses agricultural protectionism as it affects global trade fairness and market access.

2. Lack of strong protection of intellectual property: Intellectual property rights are crucial for innovation and trade, making this a significant focus for the WTO.

3. Antidumping policies: These policies are important to prevent unfair trade practices and ensure fair competition.

4. High tariff rates on goods and services: Reducing tariffs is a key objective to promote free trade and economic growth.

Explanation for each option:

• High level of protectionism in agriculture: Correct. This is a major issue as it impacts trade barriers and market access.

• The effects of global warming on trade: Incorrect. While important, this is not a primary focus of the WTO agenda.

• Lack of strong protection of intellectual property: Correct. Ensuring strong IP protection is vital for trade and innovation.

• Antidumping policies: Correct. These are crucial for maintaining fair trade practices.

• Increasing income inequality in many countries: Incorrect. This is more of a socio-economic issue than a direct WTO trade agenda item.

• High tariff rates on goods and services: Correct. Reducing tariffs is a central goal of the WTO to facilitate trade.