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The Webb-Pomerene Act of 1918 Allows American Firms To

Question 138

Multiple Choice

The Webb-Pomerene Act of 1918 allows American firms to:


A) utilize foreign trade middlemen.
B) avoid import duties on raw materials.
C) engage in trade with Communist countries.
D) form trade combinations in foreign countries without being in violation of American antitrust laws.
E) avoid paying taxes on foreign revenues from the sale of certain key exports.

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