Economics · World Trade Organization
The term 'Peace Clause', often discussed in the context of World Trade Organization (WTO) negotiations following the 2013 Bali Ministerial Conference (MC9), refers to:
- 1A mechanism that protects public food stockholding programs from being legally challenged under the Agreement on Agriculture.✓
- 2The final settlement regarding the implementation of the Trade Facilitation Agreement (TFA) for least-developed countries.
- 3A permanent exemption for developed nations to maintain agricultural export subsidies until 2030.
- 4A provision allowing for the unconditional suspension of all trade-related intellectual property disputes during global pandemics.
Correct answer
A mechanism that protects public food stockholding programs from being legally challenged under the Agreement on Agriculture.
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