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The Reciprocal Trade Agreements Act (RTAA) of 1934

Question 7

Multiple Choice

The Reciprocal Trade Agreements Act (RTAA) of 1934


A) is an example of a trade liberalization policy.
B) is an example of a trade protectionism policy.
C) had very little impact on the tariff rates that the US imposed on imports in the 1930's.
D) was designed to protect the jobs of US workers from cheap foreign imported products.
E) both answers ""B"" and ""C"" are correct.

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