Part1 answer any two of the following questions 40%
1.non-tariff barriers
2.dispute settlement body
3.founding treaties of the EU
4.the commission of the EU
Part2 essay questions 60%
“Last month, Washington lodged its first WTO complaint against China,
charging that Beijing was violating global trade rules by giving big
tax breaks to domestic semiconductor producers. China levies a 17 per
cent value-added tax on semiconductors used for finished goods sold
in China but rebates all but 3 to 6 per cent of the tax for local
producers.” (Financial Times, April 4, 2004)
1. Explain why the United States lodged its first WTO complaint against
China?
2. What are the so-called “GATT 1947” and “GATT 1994”?
3. Please analyze the main differences between GATT and WTO by discussing
both the legal structure and practical functions.
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