The agendas of the successful Kennedy and Tokyo Rounds were, by the 1980s, considered to be inappropriate for achieving further trade liberalization because:
A) they ignored tariffs on most manufactured products.
B) they had dealt mostly with issues of concern to developing countries, which did not account for most of the world's trade.
C) barriers to agricultural trade had been ignored.
D) the "no injury" clause had shaped the agendas and prevented large reductions in tariffs.
Correct Answer:
Verified
Q29: The U.S. Congress introduced several measures dealing
Q30: If no industry is allowed to be
Q31: Trade liberalization without "injury" to any industry:
A)
Q32: The Long-Term Arrangement on Cotton Textiles (LTA)
Q33: The Kennedy Round was much more successful
Q35: Participation in the GATT rounds:
A) diminished after
Q36: In general, the many GATT negotiating rounds
Q37: Of the various GATT rounds, the largest
Q38: During the Uruguay Round:
A) much progress was
Q39: During the Uruguay Round:
A) trade in agricultural
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents