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      Question

      WTO Agreements deal with which of the following?

                            I.        Goods                     II.        Services                    III.        Intellectual Property
      A Only I Correct Answer Incorrect Answer
      B Both I and II Correct Answer Incorrect Answer
      C Both I and III Correct Answer Incorrect Answer
      D All I, II and III Correct Answer Incorrect Answer

      Solution

      The WTO Agreements start with broad principles: ü  the General Agreement on Tariffs and Trade (GATT) (for goods), ü  and the General Agreement on Trade in Services (GATS). ü  The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) also falls into this category although it has no additional parts.

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