What legislative decision was designed to primarily deal with trade deficits, protectionism, and the overall fairness of U.S. trading partners?
A) the Neutrality Pact of 1941
B) the Omnibus Trade and Competitiveness Act of 1988
C) the League of Nations Act of 1920
D) the Hawley-Smoot Tariff Act of 1930
E) the International Monetary Fund and Bank Act of 1945

Question

Quizplus · Accepted Answer

The Omnibus Trade and Competitiveness Act of 1988 was designed to address trade deficits, protectionism, and the fairness of trade practices of U.S. trading partners, aiming to make U.S. businesses more competitive in the global market.

What Legislative Decision Was Designed to Primarily Deal with Trade