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The UStextile Industry Has Had Difficulty Competing with Foreign Imports in in the Past.If

Question 40

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The U.S.textile industry has had difficulty competing with foreign imports in the past.If the textile industry lobbies through the president and Congress for quota protection:


A) The U.S. government would have difficulty setting such quotas due to GATT.
B) The textile industry would have to petition directly to the Fiber Institute for such quotas.
C) The U.S. government would have to consider the Multifiber Arrangement.
D) None of the above.

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