The terms 'Agreement on Agriculture', Agreement on the Application of Sanitary and Phytosanitary Measure' and 'Peace Clause' appear in the news frequently in the context of the affairs of the
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A.
Food and Agriculture Organization
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B.
United Nations Framework Conference on Climate Change
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C.
World Trade Organization
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D.
United Nations Environment Programme
Correct Answer:
C. World Trade Organization
Explanation:
The terms "Agreement on Agriculture," "Agreement on the Application of Sanitary and Phytosanitary Measures," and "Peace Clause" are all related to the World Trade Organization (WTO). These agreements and provisions form part of the WTO framework that governs international trade in agricultural products, food safety standards, and dispute settlement mechanisms.
The Agreement on Agriculture aims to create a fairer agricultural trade system by reducing trade-distorting subsidies, improving market access, and disciplining export subsidies.
The Agreement on the Application of Sanitary and Phytosanitary Measures sets rules to ensure that food safety and animal and plant health regulations do not unnecessarily restrict trade.
The Peace Clause provides temporary protection to WTO members from challenges to their subsidies or domestic support programs while reforms under the Agreement on Agriculture are being implemented.
Hence, these terms appear prominently in the context of the affairs of the World Trade Organization (WTO).
The correct answer is (c) World Trade Organization
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