Which of the following allows the president of the United States to negotiate to eliminate unfair trade practices put in place by foreign governments?

Question

Quizplus · Accepted Answer

Section 301 of the Trade Act of 1974 allows the president to investigate and take action against any foreign government's unfair trade practices. It includes negotiating with the foreign government to eliminate the said practices. A is incorrect because tariff-quota requirements refer to a trade policy wherein a country sets a limit on the amount of a particular product that can be imported with a lower tariff rate. B is incorrect because the General Agreement on Tariffs and Trade (GATT) is an international agreement that aimed to reduce barriers to international trade, but it does not specifically address the issue of unfair trade practices. D is also incorrect because the United Nations is an international organization that focuses on promoting peace and cooperation among nations, but it does not have direct authority over trade policies.

Which of the Following Allows the President of the United