Task 3 Directions: The following is about the History of WTO.
After reading it, you are required to complete the outline below it (No. 46
through No. 50). You should write answers briefly on the Answer Sheet
correspondingly.
The World Trade Organization came into being in 1995. It is
the successor (后继者)to the General Agreement (协议) on Tariffs (关税) and Trade
(GATT) established in the wake of (作为 ...... 的后果) the Second World
War. The multilateral (多边的) trading system was developed through
a series of trade negotiations or rounds. The first rounds dealt mainly with
tariff reductions but later negotiations (谈判) included other areas such as
anti-dumping (反倾销) and non-tariff measures. The latest round, the 1986 ～ 1994
Uruguay Round, led to the WTO’s creation, The negotiations did
not end there. Some continued after the end of the Uruguay Round. In February
1997 agreement was reached on telecommunications (电信) services, with 69
governments agreeing to wide-ranging liberation measures that went beyond those
agreed in Uruguay Round. In the same year 40 governments
concluded (缔结) negotiations for tariff-free trade in information technology
products, and 70 members concluded a financial services deal covering more than
95% of trade in banking, insurance, securities and financial
information. At the May 1998 ministerial meeting in Geneva, WTO
members agreed to study trade issues arising from global electronic
commerce. The next ministerial conference is due to be held in
Seattle of the United States in late 1999. In 2000, new talks are due to start
on agriculture and services, and possibly a range of other issues.
WTO was (46) in 1995, the original organization of
which was (47) . A series of trade negotiations resulted in
(48) . The creation of WTO was made in (49)
. Negotiations for tariff-free trade were reached in (50)
products in 1997.