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The Reciprocal Trade Agreements Act Provides the President with a Mechanism

Question 21

Multiple Choice

The Reciprocal Trade Agreements Act provides the president with a mechanism:


A) for lowering U.S. tariffs and encouraging other countries to lower their rates as well.
B) for setting quotas on products that can be imported into the U.S.
C) for providing financial assistance to U.S. companies exporting to foreign countries.
D) for lowering U.S. tariffs by threatening or imposing an embargo on another nations' products.

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