In international commercial arbitration,when the arbitral tribunal is unable to form a majority opinion, an award shall be made in accordance with the opinion of ( )
A. Director of the arbitration commission
B. Chief arbitrator
C. Arbitrator appointed by the applicant
D. Arbitrators appointed by the respondent
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With regard to the securities regulation cooperation memorandum of understanding, the following statements are incorrect ( )
A. The Memorandum of understanding is usually not legally binding.
B. The Memorandum of Understanding is the securities authority of the economic entity concerned, rather than the contracting body of international treaties.
C. The Memorandum of Understanding generally provides for the exchange of information, law enforcement cooperation and technical assistance.
D. The Requesting Party may obtain legal relief under the Memorandum of Understanding.
What items does the foreign exchange control system defined in Article 8 of the International Monetary Fund refer to in Member States ( )
A. Current account
B. Capital account
C. Loan account
D. Service account
Which of the following are the right options on the scope of adjustment between the World Trade Organization (WTO) and the former General Agreement on Tariffs and Trade (GATT) ( )
A. The WTO adjusts trade in goods, services and trade-related intellectual property rights
B. Trade in goods adjusted by the WTO also includes trade in textiles and agricultural products
C. The former GATT adjusts all trade in goods
D. The former GATT only adjusts trade in goods, but does not include trade in textiles
With regard to the implementation of the adjudication and recommendation of the Dispute Settlement Body of the World Trade Organization, which of the followings are correct ( )
A. The party found to be in breach of the relevant agreement shall implement the adjudication and recommendation of the Dispute Settlement Body within a reasonable time
B. If the respondent fails to perform the ruling or recommendation within a reasonable period, the original complainant may retaliate, with the authorization of the Dispute Settlement Body, and suspend the concession or other obligations to the defendant
C. The level and scope of which the complainant suspends concessions or other obligations when retaliating shall be commensurate with the damage suffered
D. The level and scope of suspension of concessions or other obligations can be decided in accordance with complainant’s freedom when he retaliates