Countries sometimes argue that it is important to protect certain industries for reasons of national security.
Correct Answer:
Verified
Q10: Administrative trade policies are bureaucratic rules that
Q100: Tariffs increase the overall efficiency of the
Q101: In its early years GATT was by
Q102: Consumers are benefited by quotas.
Q103: GATT rules had applied only to manufactured
Q104: Protecting consumers from "dangerous" products and furthering
Q106: Two of the first industries targeted for
Q107: What is a tariff? Describe the difference
Q108: A local content requirement demands that some
Q110: What is a voluntary export restraint? Can
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents