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Part VIII: The External Sector
with rules of merchandize trade. This Agreement is often referred to
as GATT 1994 to differentiate it from the original GATT Agreement
of 1947. Article 2, the General Agreement on Trade in Services
(GATS), refers to the trade of commercial services. Article 4,
covering the Agreement on Trade-related Aspect of Intellectual
Property Rights (TRIPS), offers “uniform legal protections for
scientifi c, technological, and artistic achievements. Additionally,
the WTO is a platform for trade negotiations, a mechanism for
dispute settlement, a source of technical expertise on trade and
development for the world’s low-income countries and a sister
organization to the World Bank and IMF. But the WTO does not,
unlike ...