The "escape clause" of the GATT agreement derives its name from the fact that:
A) it allows a country to escape from having trade disputes settled by GATT guidelines.
B) it permits a country to escape from its previously negotiated tariff obligations.
C) it permits a country to be relieved of having to make its balance of payments obligations for a short period of time.
D) none of the above.
Correct Answer:
Verified
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