Question

_________________were the first to deal with the liberalization of trade in agricultural products.

A Dillon Round negotiations Correct Answer Incorrect Answer
B Kennedy Round negotiations Correct Answer Incorrect Answer
C Uruguay Round negotiations Correct Answer Incorrect Answer
D Geneva Round negotiations Correct Answer Incorrect Answer

Solution

The Uruguay Round negotiations were the first to deal with the liberalization of trade in agricultural products. They also included negotiations on reducing non-tariff barriers to international trade in agricultural products. It resulted in two binding Agreements: The Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) and the Agreement on Technical Barriers to Trade (TBT Agreement).

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