Which of the following was a major U.S.tax incentive for exporters that the WTO recently ruled was an illegal subsidy?
A)NTR
B)CVD
C)FSC
D)NTB
E)HTS

Question

Quizplus · Accepted Answer

The Foreign Sales Corporation (FSC) was a major U.S. tax incentive for exporters that the World Trade Organization (WTO) ruled as an illegal subsidy. This ruling was based on the fact that the FSC provided tax benefits to U.S. companies for their export income, which the WTO saw as an unfair trade practice that distorted international trade.

Which of the Following Was a Major U