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Generate QuizWhich WTO agreement specifically addresses technical barriers to trade, such as product standards, testing, and certification procedures, to ensure they do not create unnecessary obstacles to international trade?
- Agreement on Agriculture
- Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)
- Agreement on Technical Barriers to Trade (TBT)
- General Agreement on Trade in Services (GATS)
Answer: Agreement on Technical Barriers to Trade (TBT)
The TBT Agreement encourages members to use international standards, ensure transparency in developing technical regulations, and avoid discriminatory or trade-restrictive measures. It balances legitimate regulatory objectives (safety, environment) with trade facilitation.