Thrust setting selection - potential problems?

[gerard]

Hi,

I’ve got a question for those who can answer in regard to the Take-Off and Go-around selection thrust settings.

On the Airbus A340 I believe that these are similar (if not equal). If this is the case, why have two different settings?

Secondly, are there any potential problems if an aircraft inadvertently selects Take-Off instead of Go-Around?

Thanks.