hw3s - ECON333 ECON 333 SPRING 2008 Assignment 2 Answer Key...

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ECON333 Assignment 2 Prepared by Lu Pan ECON 333 – SPRING 2008 Assignment 2 Answer Key 1. The World Trade Organization. (Use the WTO web-page to answer the questions below: http://www.wto.org/ ) (15 points) ANSWER: a) How many members does the WTO have? Which three countries are the most recent members? The WTO has 151 members, as of July 2007. The three most recent members are Tonga (July 2007), Viet Nam (January 2007) and Saudi Arabia (December 2005). b) Who is the director general of the WTO? What is his nationality? What was special about the previous director? Pascal Lamy from France is the Director-General of the World Trade Organization . The previous director was Supachai Panitchpakdi from Thailand. He was the first director from a developing country. c) What are the WTO Ministerial conferences? List all six conferences (date/location) that took place since the creation of the WTO. Ministerial Conferences are the topmost decision-making body of the WTO. It brings together all members of the WTO, and can take decisions on all matters under any of the multilateral trade agreements. The six conferences that took place so far are the following: Hong Kong, December 2005 Cancún, September 2003 Doha, November 2001 Seattle, November – December 3, 1999 Geneva, May 1998 Singapore,December 1996
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ECON333 Assignment 2 Prepared by Lu Pan 2. The Balance of Payments (20 points) Using the Bureau of Economic Analysis data ( Bureau of Economic Analysis - International Economics Transactions), find the following:
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This note was uploaded on 09/22/2008 for the course ECON 333 taught by Professor Yavas,cemilepan,lu during the Fall '06 term at Pennsylvania State University, University Park.

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hw3s - ECON333 ECON 333 SPRING 2008 Assignment 2 Answer Key...

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