Question

In the Uruguay round of GATT negotiations, many countries took issue with the U.S. legal system, in part because historically the U.S. Commerce Department almost always ruled in favor of the U.S. company that filed the complaint. This was related to the laws pertaining to which of the following?

1) Intellectual property
2) Antitrust
3) Trade remedies
4) Customs regulations

Answer 1

Option (3), In the Uruguay Round of GATT negotiations, concerns were raised about the U.S. legal system favoring U.S. companies due to trade remedies laws.

Step-by-step explanation:

In the Uruguay Round of GATT negotiations, complaints were often made about the U.S. legal system and its inclination to support U.S. companies in trade disputes. This concern was related to the trade remedies laws. These laws govern actions such as anti-dumping measures, countervailing duties, and safeguards that countries may apply to protect their domestic industries from foreign competition that is considered unfair or damaging.

During the negotiations, which were part of the evolution of GATT into the World Trade Organization (WTO), member countries expressed a need for a more equitable and transparent dispute settlement system to address perceived biases and ensure nondiscriminatory trade.