Originally, GATT members had agreed to three items. One of those was to _____
A) protect U.S. industries and decrease world trade.
B) manage legal and accounting requirements for U.S. tariffs and quotas.
C) reduce tariffs through multinational negotiations.
D) increase trade restrictions, after OPEC significantly raised oil prices.
E) develop a free trade zone across 50 states.
Correct Answer:
Verified
Q82: The World Trade Organization (WTO):
A)became,in 1995,the institutionalized
Q88: One of the main motives for the
Q119: Which of the following is true of
Q120: Exhibit 17.6 Q122: Which of the following was a motive Q124: Regional trading bloc agreements Q125: The Kennedy Round of GATT in the Q127: The World Trade Organization (WTO) _ Q128: When GATT began in 1947, average tariffs Q129: The World Trade Organization (WTO) _
A)are not considered trade
A) requires
A) members
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