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The US Congress Legislated the OTCA in 1988 to

Question 7

Multiple Choice

The US Congress legislated the OTCA in 1988 to


A) raise US import tariff barriers against cheap foreign imports.
B) reduce the exchange rate value of the US Dollar in an effort to encourage US exports.
C) reduce the US Trade Openness ratio down to more manageable levels.
D) to create ""Trade Promotion Authority"" for the President and the US Trade Representative, so that they could more easily negotiate trade agreements for the US.
E) slow down trade negotiations for the GATT and NAFTA.

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