The primary purpose of GATT is to
A) protect the United States from cheap foreign labor
B) foster trade among nations
C) promote the dumping of foreign goods
D) prevent the dumping of foreign goods
E) form a union of European nations
Correct Answer:
Verified
Q66: Which of the following is not a
Q67: A tariff is a
A) tax on exports
B)
Q68: Typically, labor unions favor trade restrictions because
A)
Q69: Reciprocity between two countries implies that
A) neither
Q70: When two nations agree to lower their
Q72: A most favored nation clause in a
Q73: A less-developed country would probably use _
Q74: The GATT was
A) formed shortly after World
Q75: The EEC stands for the
A) European Economic
Q76: The EEC is a group of
A) South
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